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.

Jupiter Life Line Hospitals Limited has reported a robust financial performance for the financial year ended March 31, 2026, driven by operational efficiency and disciplined cost management. The company achieved a 15% CAGR in revenue from FY 2020-21 to FY 2025-26, reaching ₹1,499.78 crore.

Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) increased by 17% CAGR over the same period to ₹343.30 crore, with margins expanding to 22.89%. Profit After Tax (PAT) surged 31% CAGR to ₹194.20 crore, with margins at 12.95%.

Operationally, the hospital network maintained an average occupancy rate of 61.20% for FY 2025-26, which stood at 62.3% excluding the newly operational Dombivli hospital. The Average Revenue Per Occupied Bed (ARPOB) improved to ₹67,700, while the Average Length of Stay (ALOS) was 3.87 days.

Financial Performance

The company’s financial growth was underpinned by steady expansion and clinical capabilities. The Dombivli hospital, inaugurated on February 15, 2026, represents a significant addition to the network, strengthening the company’s foothold in the extended Mumbai Metropolitan Region. The project was delivered ahead of schedule, with construction and fit-outs completed in just over 25 months.

| Particulars | FY 2025-26 | |---| | Revenue from Operations (₹ in Crore) | 1,499.78 | | EBITDA (₹ in Crore) | 343.30 | | PAT (₹ in Crore) | 194.20 | | EBITDA Margins (%) | 22.89 | | PAT Margins (%) | 12.95 |

Operational Highlights

The operational metrics reflect efficient capacity utilisation and a growing patient base. The average occupancy rate was 61.20% for the full year. The ARPOB of ₹67,700 indicates an 11.70% increase from ₹60,600 in the previous year.

The company continues to focus on strengthening its clinical capabilities and expanding its network to reach emerging communities. With the Dombivli hospital now operational, the total operational bed capacity stands at 1,248. The company is also developing new facilities in South Pune, Mira Road, and BKC to further its reach.

Strategic Expansion

Jupiter Life Line Hospitals is executing a deliberate expansion strategy to build a ~3,000-bed integrated healthcare platform. The Dombivli hospital, with a planned capacity of 500 beds, is a key component of this strategy. The facility was developed with an investment of ₹425 crore and spans 7,50,000 sq. ft.

Future projects include a 300-bed hospital in Mira Road with an estimated investment of ₹400 crore and a ~400-bed hospital in BKC. These initiatives are designed to bring advanced multi-specialty healthcare closer to emerging communities.