VIJAYABSEVijaya Diagnostic Centre LtdHighPositive
Announced Thu, 7 May · 19:38 IST

Pls Refer the Attachment

Related Party TransactionsResults View source PDF

VIJAYA · 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
+10.1%1-day move
₹1208.00
prior close
₹1269.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.4-2.7-2.5-2.9+10.1+6.0+7.0+6.0+11.3+8.0+3.4+8.1+10.1
Up moveDown movePending
AI summary

Vijaya Diagnostic Centre's Board approved audited standalone and consolidated financial results for Q4 and FY ended March 2026. The Board recommended a final dividend of ₹2 per share (200% on ₹1 face value), subject to shareholder approval at the AGM. Dr. D Nageshwar Reddy will not seek re-appointment for a second term as Independent Director due to pre-occupation and other professional commitments. The company granted 1,79,500 ESOPs at ₹784 per option (average price with 20% discount) to eligible employees under VDCL ESOP Plan 2018. Additionally, the company approved acquisition of MRI, EEG and NCV Services Business from its wholly-owned subsidiary Medinova Millennium MRI Services LLP for approximately ₹4.20 crore in cash. This acquisition is classified as a Related Party Transaction.

Likely market impact

The dividend declaration and ESOP grants are positive signals for shareholders and employee retention. The related party acquisition from a wholly-owned subsidiary streamlines the business structure. The departure of Dr. D Nageshwar Reddy removes a key independent director from the board.