Jupiter Life Line Hospitals Limited held its 24th Annual General Meeting on July 17, 2026, approving the sub-division of equity shares and appointing Dr. Ajay Thakker as Chairman & Whole Time Director. The meeting, conducted via Video Conferencing, saw 85.95% of the outstanding shares polled, with all resolutions passed with the requisite majority. The company fixed Friday, July 24, 2026, as the record date for the share split, which will convert each equity share of ₹10 into five fully paid-up equity shares of ₹2 each.

The voting results were submitted to the National Stock Exchange of India Ltd. and BSE Limited in compliance with Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Vaibhav Dandawate, Partner of M/s. Makarand M. Joshi & Co., served as the Scrutinizer for the e-voting process. Remote e-voting commenced on July 14, 2026, and concluded on July 16, 2026.

Voting Summary

The total number of shareholders on the record date, July 10, 2026, was 32,977. Promoters did not vote on the resolution regarding the material related party transaction with Jupiter Hospital Projects Private Limited, in accordance with Regulation 23(4) of the Listing Regulations.

Key Resolutions

The resolution for the material related party transaction saw 42.82% of the outstanding shares polled, with 100% of votes cast in favour. The statutory auditors' and secretarial auditors' reports for FY26 contained no adverse remarks or qualifications. The alteration of the Articles of Association was approved as a Special Resolution, while the share split and alteration of the Capital Clause were approved as Ordinary Resolutions.

Jupiter Life Line Hospitals Limited has scheduled its 24th Annual General Meeting (AGM) for Friday, July 17, 2026, at 11.00 A.M. IST via Video Conferencing. Shareholders will vote on key resolutions including the sub-division of equity shares from a face value of ₹10 to ₹2 and the re-appointment of Dr. Ajay Thakker as Chairman & Whole Time Director with a remuneration of up to ₹75 Lakhs per month. The company has intimated the exchanges regarding the publication of the newspaper advertisement for this meeting on June 25, 2026.

The Board recommends the sub-division of equity shares to enhance liquidity and broaden the investor base. Each existing equity share of ₹10 will be split into five equity shares of ₹2. Consequently, the authorised share capital will be amended to ₹80 Crores divided into 40 Crore equity shares of ₹2 each. The issued, subscribed, and paid-up capital will adjust to 32,78,30,110 equity shares of ₹2 each, keeping the total capital at ₹65,56,60,220.

Special Business

Dr. Ajay Thakker, currently the Chairman & Managing Director, is proposed to be re-appointed as Chairman & Whole Time Director for a period of five years from July 17, 2026. The resolution seeks approval for his remuneration, which includes professional fees, performance-based pay, and perquisites. In case of inadequate profits, the remuneration will be paid as minimum remuneration subject to Schedule V of the Companies Act, 2013.

Shareholders will also consider a material related party transaction with Jupiter Hospital Projects Private Limited. The proposal seeks approval for financial assistance, including loans and corporate guarantees, up to ₹350 Crores and the transfer of operational assets up to ₹100 Crore. The company holds 96.56% of the paid-up share capital of this subsidiary.

Financial Approvals

The AGM includes the ratification of remuneration for M/s. V. J. Talati & Co., Cost Accountants, for the financial year 2026-27. The firm has been appointed to conduct the cost audit at a remuneration of ₹1,80,000 per annum plus applicable taxes and out-of-pocket expenses.

E-voting and Record Date

The company has engaged NSDL to facilitate remote e-voting and e-voting during the AGM. The remote e-voting period commences on July 14, 2026, at 09:00 A.M. IST and concludes on July 16, 2026, at 05:00 P.M. IST. Members who have cast their votes via remote e-voting may attend the meeting but cannot vote again. The voting rights are determined based on the paid-up equity share capital as on the cut-off date of Friday, July 10, 2026.