Artemis Medicare Services Ltd has received shareholder approval to raise capital through the issuance of equity shares and other eligible securities. The special resolution was passed with an overwhelming majority, with 98.68% of valid votes cast in favour, enabling the company to raise funds in one or more tranches.

The remote e-voting process, conducted via the National Securities Depository Limited (NSDL) platform, commenced on June 19, 2026, and concluded on July 18, 2026. A total of 194 members voted in favour of the resolution, representing 11,78,18,779 shares, while 27 members voted against it, representing 15,71,939 shares.

Voting Breakdown

The resolution received support across all shareholder categories. Promoters and the Promoter Group cast 9,24,39,640 votes entirely in favour. Public Institutions recorded 2,01,29,566 votes in favour and 15,63,775 against, while Public Non-Institutions cast 52,49,573 votes in favour and 8,164 against.

Scrutinizer's Report

Ankit Tiwari & Co., Practicing Company Secretaries, acted as the scrutinizer for the postal ballot process. The report confirmed that the votes cast in favour of the resolution were more than three times the votes cast against it, satisfying the requirements for a special resolution under the Companies Act, 2013.

The total number of shareholders on the cut-off date of June 12, 2026, was 35,361. This included one shareholder holding 23,49,320 shares in an unclaimed suspense account where voting rights were frozen. The results were declared on July 20, 2026.

Artemis Medicare Services Limited has commenced operations of Artemis Shanti Hospital in Raipur, Chhattisgarh, effective July 9, 2026. This 300-bed multi-specialty facility marks a significant milestone in the company's expansion into Central India, bringing advanced tertiary and quaternary care to the region. The development follows the company's earlier agreement to manage the hospital, reinforcing its strategy to create a geographically diversified healthcare network.

Raipur Operations and Facility Details

The newly operational hospital is designed as a modern multi-specialty healthcare destination equipped with state-of-the-art operation theatres, advanced intensive care units, and modern diagnostic facilities. Key specialties include cardiology, oncology, neurosciences, orthopaedics, nephrology, critical care, and emergency medicine. Strategically located in Raipur, the facility aims to serve a catchment area extending across Chhattisgarh and neighbouring states, reducing the need for patients to travel to metro cities for complex treatments.

Strategic Expansion Context

The launch of the Raipur hospital is part of Artemis Medicare's broader expansion drive. The company is actively scaling its presence through multiple initiatives, including a new 110-bed facility in Mauritius under the name "Artemis Cascavelle Hospital," a Memorandum of Understanding for a ~650-bed facility under the "VIMHANS ARTEMIS HOSPITAL" brand in South Delhi, and a heart and lung transplant program in collaboration with KIMS Hospitals, Hyderabad. The company operates its flagship facility in Gurugram, which holds JCI and NABH accreditations.

FY 2025-26 Financial Performance

Artemis Medicare reported strong financial results for the financial year ended March 31, 2026. On a standalone basis, revenue from operations increased to ₹1,06,049.17 lacs from ₹91,326.13 lacs in the previous year, while EBITDA rose to ₹21,503.08 lacs from ₹18,275.52 lacs. Consolidated revenue from operations grew to ₹1,08,124.24 lacs from ₹93,691.67 lacs, with consolidated EBITDA reaching ₹21,800.58 lacs compared to ₹18,477.55 lacs in FY25. Finance costs declined to ₹2,694.40 lacs from ₹3,048.26 lacs on a standalone basis.