Intimation under Regulation 30 Declaration of Results of Postal Ballot (including e-Voting) of MedPlus Health Services Limited, and Voting Details pursuant to Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
MEDPLUS · price
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MedPlus Health Services conducted a postal ballot (e-voting) from February 25 to March 26, 2026, to seek shareholder approval for material related party transactions between the company and Optival Health Solutions Private Limited, its material subsidiary. Out of 78,589 shareholders on the record date (February 20, 2026), 459 members cast votes totalling approximately 4.82 crore shares (40.13% of outstanding shares). Of the valid votes, 99.9993% were in favour (4.75 crore shares) and only 324 votes were against (0.0007%). The promoter group, being an interested party, did not vote on the resolution. The scrutinizer, Mrs. Rashida Adenwala, confirmed that the ordinary resolution was passed with the requisite majority on March 26, 2026.
The near-unanimous approval clears the regulatory hurdle for MedPlus to continue material related party transactions with its subsidiary Optival Health Solutions, supporting operational continuity. The overwhelming support and routine nature of the filing suggest minimal stock price impact, though investors may want to monitor the actual transactions with the subsidiary for any governance concerns.