Dhanvantri Jeevan Rekha Limited shareholders adopted the audited standalone financial statements for the financial year ended March 31, 2026, during the company's 33rd Annual General Meeting (AGM).

The meeting took place on September 29, 2026, at the company's registered office in Meerut, Uttar Pradesh. The proceedings were conducted pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key resolutions passed

During the ordinary business segment of the meeting, two directors who retired by rotation were re-appointed for another term. Both individuals offered themselves for re-appointment and were found eligible under Section 152 of the Companies Act, 2013.

The Board of Directors' report and the Auditors' report on these financial statements were also considered and adopted by the members.

Meeting details and attendance

The AGM commenced at 3:08 pm and concluded at 3:18 pm. Premjit Singh Kashyap, Chairman and Director, presided over the session after declaring the quorum present. The notice convening the AGM and the Auditor's Report were taken as read with shareholder consent.

Key personnel present included:

• Shalini Sharma, Managing Director
• Premjit Singh Kashyap, Chairman and Director
• Mohd Harris, Independent Director
• Meenaakashi Elhence, Director
• Rowena Sharma, Director
• Amitabh Krishna Bhatia, Independent Director
• Anil Elhence, Director
• Tulsi Prasad Sharma, Director
• Ravi Karan, Independent Director

Sarat Jain served as the scrutinizer to ensure transparent voting via remote e-voting. The Company Secretary noted that e-voting remained open for 15 minutes following the conclusion of the meeting.

Dhanvantri Jeevan Rekha Limited reported a 14.17% rise in operating income for FY26, but net profit fell 23% year-on-year as higher costs offset top-line growth. The healthcare provider will convene its 33rd Annual General Meeting on Tuesday, September 29, 2026.

The company’s standalone financial results for the fiscal year ended March 31, 2026, show continued expansion in hospital services despite margin compression. Profit after tax stood at ₹39.07 lakh compared to ₹50.61 lakh in FY25.

Financial Performance

Operating income increased to ₹258.58 crore from ₹226.50 crore in the previous year. However, other income declined from ₹41.40 lakh to ₹32.93 lakh. Total expenses rose sharply to ₹257.88 crore from ₹225.08 crore, driven by higher professional fees to doctors and medical consumables costs.

Earnings per share (basic) dropped to ₹0.94 from ₹1.60 in FY25. The company remained debt-free during the period, with no long-term borrowings secured.

What the Numbers Show

While revenue growth indicates strong patient inflow or service utilization, the divergence between top-line growth and bottom-line contraction highlights cost pressures. Professional fees to doctors rose 10.8% to ₹80.87 crore, and employee benefit expenses increased 10.4% to ₹52.98 crore. These operational costs outpaced revenue growth, compressing the net profit ratio from 2.90% in FY25 to 1.49% in FY26.

Director Reappointments

The Board recommends the reappointment of Mr. Tulsi Prasad Sharma and Mrs. Rowena Sharma, both retiring by rotation. They are eligible under the Companies Act, 2013.

Mr. Sharma has experience in administrative support, while Mrs. Sharma holds a B.Com degree. Neither director nor their relatives have financial interests in the resolutions beyond their shareholdings.

Meeting Logistics

The AGM will be held exclusively through video conferencing or other audio-visual means (VC/OAVM). Physical attendance is not permitted. Members can join 15 minutes before and after the scheduled start time of 3:00 pm.

Remote e-voting commences on Saturday, September 26, 2026, at 9:00 am and ends on Monday, September 28, 2026, at 5:00 pm. The cut-off date for voting eligibility is Tuesday, September 22, 2026. Central Depository Services (India) Limited (CDSL) facilitates the e-voting process.

Corporate Governance

CA Sarat Jain serves as the Scrutinizer for the remote e-voting process. The Register of Members and Share Transfer Books will remain closed from Wednesday, September 23, 2026, to Tuesday, September 29, 2026. M/s Anuj Goyal & Co. are the statutory auditors for the year.