Healthcare Global Enterprises Limited has informed the Exchange regarding Notice of Postal Ballot

Healthcare Global Enterprises (HCG) has issued a Postal Ballot Notice for shareholders' approval via remote e-voting from July 12, 2025 to August 10, 2025 (cut-off date July 7, 2025). The ballot follows Aceso Company Pte. Ltd.'s sale of its majority stake in HCG to Hector Asia Holdings II Pte. Ltd., which triggered termination of employment agreements with Dr. B.S. Ajaikumar and Mrs. Anjali Ajaikumar Rossi. Key items include: re-designation of Dr. B.S. Ajaikumar as Non-Executive Chairman (term up to June 30, 2030, no remuneration as Chairman/Director, with approval to continue past age 75); appointment of two Hector nominees - Mr. Akshay Tanna and Ms. Simrun Mehta - as Non-Executive Directors; re-designation of Mrs. Anjali Ajaikumar Rossi as Non-Executive Director; adoption of amended Articles of Association to reflect special rights of the new promoter; related-party consultancy agreements with Dr. Ajaikumar (INR 4 crore per annum till June 30, 2030) and Mrs. Rossi (INR 1.5 crore per annum for 12 months plus a 2% success fee on BACC Healthcare exit above INR 150 crore); appointment of Dr. Manish Mattoo as Executive Director/CEO for 5 years with remuneration up to INR 3.5 crore plus ESOPs; and appointment of Mr. Bijou Kurien as Independent Director for 3 years at INR 35 lakh per annum.