Outcome of the Meeting of Board of Directors held on 01st September, 2025
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Awaiting price reaction for this filing.
The board of Zenith Healthcare met on September 1, 2025, and approved the 31st Annual General Meeting to be held on September 30, 2025 at 10:30 AM via video conferencing. The record date is fixed as September 19, 2025, and the Register of Members will remain closed from September 23–30, 2025. The board adopted the audited financial statements for FY 2024-25, which showed Total Income of Rs. 1,176.11 lakhs (down from Rs. 1,474.11 lakhs in FY24) and a sharp drop in Profit After Tax to Rs. 6.70 lakhs (from Rs. 20.35 lakhs) due to higher tax outgo. A material related party transaction of up to Rs. 100 crores with Achyut Healthcare Limited (involving sale of API and raw materials) will be placed before shareholders as a Special Resolution. M/s. Kamlesh M Shah & Co. was appointed as Secretarial Auditors for a 5-year term (FY 2025-26 to 2029-30), and Mr. Atul M. Thakkar will be re-appointed as Director.
Mostly procedural ahead of the AGM, but the Rs. 100 crore related party transaction with Achyut Healthcare (which shares common directors with Zenith) is a key item needing shareholder approval and signals significant inter-group business activity. The sharp drop in PAT despite stable PBT may draw investor attention.