Vijaya Diagnostic Centre Limited has informed the Exchange regarding Grant of 179500 Options.
VIJAYA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Vijaya Diagnostic Centre Limited held its Board Meeting on May 7, 2026 and announced several key decisions. The Board recommended a final dividend of ₹2 per equity share (200% on face value of ₹1) for FY2026, subject to shareholder approval at the AGM. The company also granted 179,500 Employee Stock Options (ESOPs) under the VDCL Employee Stock Option Plan 2018 at an exercise price of ₹784 per option. Additionally, the Board approved acquisition of MRI, EEG and NCV Services Business from its wholly-owned subsidiary Medinova Millennium MRI Services LLP for approximately ₹4.20 crore. Dr. D Nageshwar Reddy will not seek re-appointment for a second term as Independent Director due to pre-occupation and other commitments.
The dividend recommendation and ESOP grants are positive for shareholders and employees. The strategic acquisition of the subsidiary's business may help consolidate operations and drive growth in diagnostic services.