Aster DM Healthcare Limited has successfully completed its postal ballot process, with both special resolutions receiving strong shareholder support. The company announced the results on April 15, 2026, following the conclusion of the e-voting period and submission of the scrutinizer's report.

Voting Process and Participation

The postal ballot was conducted entirely through e-voting, with the voting period spanning from March 14, 2026, to April 12, 2026. The cut-off date for determining voting eligibility was set as March 06, 2026, with a total of 1,39,303 shareholders registered as of that date.

Resolution 1: Executive Director Appointment

The first special resolution sought approval for the appointment of Dr. Mandayapurath Azad Moopen (DIN: 00159403) as Executive Director of the Company. This resolution received overwhelming support across all shareholder categories.

The resolution was passed with 754 members voting in favour and only 59 members voting against, representing 99.84% approval from participating shareholders.

Resolution 2: Loans and Guarantees Authorization

The second special resolution concerned approval for granting loans, giving guarantees, or providing securities under Section 185 of the Companies Act, 2013. While this resolution also passed, it received comparatively lower support from institutional investors.

Despite receiving only 35.78% support from institutional investors, the resolution passed with 536 members voting in favour and 272 members against, achieving the requisite majority of 75.57%.

Scrutinizer's Report and Compliance

Mr. Rajiv Balakrishnan, Director of Beyond Compliance Corporate Services Private Limited, served as the appointed scrutinizer for the postal ballot process. His report, submitted on April 15, 2026, confirmed that both resolutions were duly passed with the requisite majority. The scrutinizer verified the e-voting process conducted through the National Securities Depository Limited (NSDL) platform, ensuring compliance with Section 108 of the Companies Act, 2013, and related regulations.

The voting results and consolidated scrutinizer's report have been made available on the company's website at www.asterdmhealthcare.in , in accordance with Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has also submitted the results to BSE Limited and The National Stock Exchange of India Limited as per regulatory requirements.

Aster DM Healthcare has announced the full resumption of hospital operations in Kerala following the return of nursing staff to duty, while disclosing an additional revenue loss of ₹5.77 crore due to the nurse strike. The healthcare provider submitted regulatory filings under SEBI regulations detailing the financial impact and current status of operations.

Financial Impact of Strike Action

The company reported an additional revenue loss of ₹5.77 crore resulting from the nurse strike across its Kerala facilities. With nursing staff having resumed operations, Aster DM Healthcare expects no further revenue loss if the current status continues until settlement terms are agreed upon between the parties.

Affected Hospital Network

The strike impacted six major hospital facilities across Kerala, disrupting operations due to disputes over minimum wage structure revisions. The affected facilities include Aster Medcity Hospital, Aster MIMS hospitals in Calicut, Kannur, and Kottakkal, along with Aster Mother Hospital in Areekode and Aster PMF Hospital in Kollam.

Legal Proceedings and Resolution

The Hon'ble High Court had initially directed the United Nurses Association to defer the strike until March 19, 2026, which has been extended through several oral orders until May 31, 2026. The Kerala Private Hospital Association approached the Hon'ble High Court of Kerala at Ernakulam with a writ petition, and proceedings remain pending for a final settlement between the association and the United Nurses Association.

Operational Recovery Measures

To ensure continuity during the disruption, Aster DM Healthcare activated internal contingency measures and mobilized nurses from neighboring states like Karnataka to maintain critical care services. The company's proactive approach helped minimize service interruptions while negotiations continued with the nursing association regarding wage structure revisions.