Healthcare Global Enterprises Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
HCG · price
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Healthcare Global Enterprises (HCG) announced the results of its Postal Ballot conducted entirely through e-voting, with voting closing on August 10, 2025. All 9 resolutions were passed, including the re-designation of founder Dr. B.S. Ajaikumar as Non-Executive Chairman, appointment of new directors (Mr. Akshay Tanna, Ms. Simrun Mehta, Mrs. Anjali Ajaikumar Rossi, Dr. Manish Mattoo, and Mr. Bijou Kurien), adoption of amended Articles of Association, and consultancy agreements with Dr. Ajaikumar and Mrs. Ajaikumar Rossi. Out of 13.94 crore total equity shares, 11.84 crore votes (84.93%) were polled, with each resolution receiving between 90.53% and 99.95% approval. The amended Articles of Association saw the highest dissent at 8.21%, while the consultancy agreement with Mrs. Ajaikumar Rossi got 90.53% support, with institutional investors voting 6–9% against the promoter-family related resolutions. The scrutinizer, Mr. Pradeep B. Kulkarni of V. Sreedharan & Associates, certified the process.
A significant board restructuring has been completed with strong shareholder backing, including the founder stepping into a Non-Executive Chairman role and new independent/independent directors coming on board. However, meaningful institutional dissent (5–9% against) on promoter-family consultancy agreements and the amended Articles of Association is worth watching for governance perception, though the resolutions comfortably passed.