Kovai Medical Center & Hospital Ltd — Others, 23-08-2025: AGM/EGM

Kovai Medical Center and Hospital (KMCH) announced the results of its 39th Annual General Meeting. Shareholders approved all 8 resolutions, including the Audited Annual Financial Statements for the financial year ended March 31, 2025, and a dividend for FY2024-25. Key director re-appointments, Dr. Purani P Palaniswami and Dr. Thavamani Devi Palaniswami (as Joint MD with remuneration), were also approved. Importantly, the company gained approval for borrowing beyond its paid-up capital and free reserves, and for creating charges on its properties, enhancing financial flexibility for future operations. Appointments of Cost and Secretarial Auditors were also ratified. Approximately 6.74 Cr shares participated in the voting.