Healthcare Global Enterprises Limited — Others, 30-05-2025: Appointment

HealthCare Global Enterprises has announced a board meeting where 54% of its diluted voting share capital transferred from Aceso Company to Hector Asia Holdings II and KIA EBT II Scheme 1. Hector Asia Holdings II now holds about 51.41% ownership and sole control. Several directors nominated by the Seller resigned, replaced by nominees from Hector Asia. Founders Dr. B.S. Ajaikumar and Mrs. Anjali Rossi stepped down as whole-time directors but remain as non-executive directors, with Dr. Ajaikumar reappointed non-executive chairman until 2030. Dr. Manish Mattoo was appointed executive director and will become CEO, succeeding Mr. Meghraj Gore. The Board approved amendments to governance and consultancy terms, marking a major leadership and ownership transition, pointing to a new strategic phase.