Family Care Hospitals Ltd — Others, 13-06-2025: AGM/EGM

Family Care Hospitals Limited has announced a postal ballot seeking shareholder approval to raise up to INR 18.68 Cr via issuance of 18.68 million warrants convertible into equity shares at INR 10 each through preferential allotment. The funds will support working capital for the company’s new digital healthcare platform, subsidiary funding, product development, marketing, and AI investment. The authorized share capital is proposed to increase from INR 75 Cr to INR 125 Cr to accommodate this. Shareholders are also asked to approve related party transactions during FY 2025-26 with several promoter group entities involving loans, reimbursements, sales returns, and business asset dealings on an arm’s length basis. The allotment may lead to a change in control with promoter group shareholding rising to 38.11%.