Gujarat Kidney and Super Speciality Ltd appointed Mr Paresh Dhoti as an Additional Non-Executive Non-Independent Director on July 9, 2026. The appointment was necessitated by a technical glitch that prevented the completion of his registration as an Independent Director with the Indian Institute of Corporate Affairs (IICA). The company stated that the registration process has since been completed successfully, and the Board will consider appointing him as a Non-Executive Independent Director in a subsequent meeting.

The clarification was submitted to BSE Limited and National Stock Exchange of India Limited regarding the outcome of the Board Meeting held on July 9, 2026. The disclosure was made under Regulation 30(6) read with Para A (7) of Part-A of Schedule III of the SEBI Listing Regulations and SEBI Circular No. SEBI/HO/CFD/CFD PoD1/P/CIR/2023/123 dated July 13, 2023.

Mr Paresh Dhoti obtained a Bachelor of Dentistry in 2006 from Government Medical College, Ahmedabad. He has been practicing independently as a Dentist in Vadodara for the past 18 years. The company confirmed that Mr Dhoti is not related to any Director of the company.

Appointment Details

Gujarat Kidney and Super Speciality Limited announced on July 9, 2026, that its Board of Directors has approved the acquisition of a 51% majority stake in Blue Tree Clinics LLC, a polyclinic licensed in Dubai, United Arab Emirates. The transaction, valued at ₹19,83,64,500, will be executed through a Share Purchase Agreement with consideration paid in two tranches over a maximum period of 50 days. This strategic move marks the company's expansion into international healthcare operations, specifically into a new geography and a set of services not currently provided in India.

Acquisition of Blue Tree Clinics LLC

Blue Tree Clinics LLC, incorporated on February 27, 2012, operates in the Medical Services sector. The entity is engaged in Plastic Surgery, Laser Cosmetic, General Dental Clinic, and Chiropractic Centre services. The target entity currently has three shareholders, with one holding 91.866% and two holding 8.114% of the equity. The acquisition is not a related party transaction, and no promoter, promoter group, or group companies hold any interest in the entity being acquired.

The following table summarises the key details of the acquisition:

Blue Tree Clinics LLC — Financial Performance

The target entity reported a Gross Revenue of 10,538,978 AED and a Net Profit of 31,38,809 AED during FY 2025. The company's revenue trend over the last three fiscal years is presented below:

Board Appointment — Additional Independent Director

The Board approved the appointment of Mr. Paresh Dhoti (DIN: 11802188) as an Additional Non-Executive Independent Director, not liable to retire by rotation, with effect from July 9, 2026. The appointment is for a first term of five consecutive years, subject to approval by the members of the company at the next Annual General Meeting.

Key details of the appointment are as follows:

Mr. Paresh Dhoti obtained his Bachelor of Dentistry in 2006 from Government Medical College, Ahmedabad, and has been practicing independently as a Dentist in Vadodara for the last 18 years.

Postal Ballot for IPO Object Variation

The Board also resolved to conduct a postal ballot seeking shareholder approval by way of Special Resolution for a Variation in Objects of the IPO. A separate intimation regarding the postal ballot will be filed in due course. The Board meeting commenced at 4:30 P.M. and concluded at 8:00 P.M. on July 9, 2026.