Proceedings of 32nd Annual General Meeting of the Company held on Wednesday, September 03, 2025 at 11:00 A.M. (IST).
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Medinova Diagnostic Services held its 32nd AGM on September 3, 2025 via video conferencing, which ran from 11:00 AM to 11:57 AM. Four directors were present, including Managing Director K. Sunil Chandra and Chairman Dr. S. Surendranath Reddy; Independent Director P. Kamlakar Rao was absent due to travel. The Managing Director briefed shareholders on the company's business, operational, and financial performance for FY 2024-25. Three ordinary business items were transacted: adoption of audited standalone and consolidated financial statements for the year ended March 31, 2025, and re-appointment of Dr. S. Surendranath Reddy, who retires by rotation. Both the statutory auditor's report and the secretarial audit report for FY 2024-25 were clean, with no qualifications or adverse remarks. Remote e-voting was conducted from August 31 to September 2 via Kfin Technologies, and voting results will be declared within two working days.
The meeting was routine with no disruptive items — clean audit reports and standard re-appointment of the Chairman are positive signals for governance, though no dividend or material corporate action was announced. Shareholders should watch for the e-voting results to be posted on BSE shortly.