MAXHEALTHNSEMax Healthcare Institute LimitedMediumNeutral
Announced Sat, 11 Apr · 16:12 IST

Max Healthcare Institute Limited has informed the Exchange regarding Notice of Postal Ballot

Management Changes View source PDF

MAXHEALTH · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+3.5%1-day move
₹957.00
prior close
₹934.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.3+0.7+1.2+1.0+3.5+3.6+5.3+5.4+6.1+4.7+6.5+7.4+7.6+15.8
Up moveDown movePending
AI summary

Max Healthcare Institute is seeking shareholder approval via postal ballot for the re-appointment of Mr. Narayan K. Seshadri as Non-Executive and Non-Independent Director for a 3-year term from May 16, 2026 to May 15, 2029. Mr. Seshadri, a 68-year-old Chartered Accountant with over 40 years of experience, has been on the board since May 16, 2023. He has maintained 100% attendance at Board meetings and serves as Chairman of the Risk Management Committee. His annual remuneration is ₹35,00,000. The e-voting period runs from April 12, 2026 to May 11, 2026, with results expected by May 13, 2026.

Likely market impact

This is a routine board continuity matter with no governance concerns. The director has demonstrated strong engagement and performance. Approval is expected given his unblemished attendance record and positive performance evaluation.