Outcome of the Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board of KK Shah Hospitals Limited met on August 6, 2025 and approved several routine corporate items. These include the Director's Report for the financial year ending March 31, 2025, and an increase in director remuneration that exceeds the overall managerial pay limit set under the Companies Act, 2013, which will need shareholder approval. The board also issued the notice for the 3rd Annual General Meeting (AGM) scheduled for August 29 at 11:00 AM at the registered office in Ratlam, Madhya Pradesh, and appointed a scrutinizer for the AGM voting process. The cut-off date to determine members eligible to vote and attend the AGM has been fixed as August 22, 2025. Note: the AGM date in the notice appears to reference 2024, which looks like a typographical error given the 2025 board meeting and cut-off date.
These are largely routine governance items, but shareholders should pay attention to the proposal to pay directors above the statutory managerial remuneration ceiling, since this will be put to a vote at the upcoming AGM. Investors holding shares as of the August 22, 2025 cut-off date will be eligible to vote on this and other AGM resolutions.