Healthcare Global Enterprises Limited — Others, 11-07-2025: Shareholders meeting

HealthCare Global Enterprises Limited has announced a board meeting to approve several key corporate changes following a change in majority ownership to Hector Asia Holdings II Pte. Ltd. Dr. B.S. Ajaikumar and Mrs. Anjali Ajaikumar Rossi have been re-designated as Non-Executive Directors, with Dr. Ajaikumar appointed as Non-Executive Chairman until 2030 without remuneration. Mr. Akshay Tanna and Ms. Simrun Mehta, nominees of the new majority shareholder, have been appointed as Non-Executive, Non-Independent Directors. Dr. Manish Mattoo has been appointed as Executive Director and CEO with a remuneration cap of INR 3.5 Cr per annum, including fixed and variable components plus stock options. Mr. Bijou Kurien has been appointed as an Independent Director with an annual remuneration of INR 35 lakh. Consultancy agreements have been approved for Dr. Ajaikumar (INR 4 Cr p.a.) and Mrs. Rossi (INR 1.5 Cr p.a. plus a potential exit-linked payment). The company also approved amendments to its Articles of Association to reflect new governance arrangements. These changes align leadership with the new ownership structure and aim to support strategic growth and operational continuity.