Kovai Medical Center and Hospital Limited has announced the successful completion of its postal ballot process for the reappointment of two independent directors. The company submitted the voting results to BSE Limited on April 13, 2026, demonstrating strong shareholder confidence in the proposed appointments.

Voting Results Overview

The postal ballot covered two special resolutions, both receiving overwhelming shareholder support. The remote e-voting process was conducted through the National Securities Depository Limited (NSDL) platform, ensuring transparency and accessibility for all eligible shareholders.

Director Appointments

The first resolution concerned the reappointment of Mr. A.P. Ammasaikutti (DIN: 00909930) as an Independent Director. This resolution received support from 119 members representing 6621901 shares, constituting 99.91% of the total votes cast. Only 14 members holding 5936 shares voted against the proposal.

The second resolution involved the reappointment of Dr. K. Kolandaswamy (DIN: 06702305) as an Independent Director. This appointment garnered even stronger support, with 122 members holding 6625241 shares voting in favor, representing 99.96% approval. A mere 10 members with 2596 shares opposed this resolution.

Voting Process and Participation

The postal ballot notice was issued on March 6, 2026, with the remote e-voting period commencing at 09.00 A.M. on March 13, 2026, and concluding at 05.00 P.M. on April 11, 2026. Members whose names appeared on the Register of Members as of March 6, 2026, were entitled to participate in the voting process.

Participation Summary:

• Total participating members: 133
• Total shares represented: 6627837
• Promoter group participation: 9 members holding 6087035 shares
• Public participation: 124 members holding 540802 shares

Scrutinizer's Report

K. Duraisami, Practicing Company Secretary (M.No. F6792, CP.No.18308), served as the appointed scrutinizer for the postal ballot process. The scrutinizer confirmed that both resolutions were passed as special resolutions with the requisite majority as per Section 114(2) of the Companies Act, 2013.

The votes were unblocked on April 11, 2026, at 06.00 P.M. in the presence of two independent witnesses, Ms. E. Pavithra and Ms. A. Prateeksha, ensuring the integrity of the voting process. The company has made the complete voting results and scrutinizer's report available on its website at www.kmchhospitals.com .

Regulatory Compliance

The postal ballot process was conducted in accordance with Section 108 of the Companies Act, 2013, and Rule 20 & 22 of the Companies (Management and Administration) Rules, 2014. The submission to BSE Limited fulfills the requirements under Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Kovai Medical Center and Hospital Limited has officially communicated to BSE Limited that it does not fall under the category of "Large Corporate" as defined by SEBI's regulatory framework. The notification, submitted on April 06, 2026, clarifies the company's status regarding debt securities disclosure requirements.

Regulatory Compliance Communication

The hospital operator submitted its intimation under reference number KMCH/SEC/SE/2026-27/2625 to BSE's Corporate Relationship Department. The communication specifically addresses the company's classification status under SEBI Circular SEBI/HO/DDHS-RACPOD1/P/CIR/2023/172, which was issued on October 19, 2023.

SEBI Framework Context

The referenced SEBI circular establishes specific requirements for fund raising through issuance of debt securities by Large Corporates. By confirming its non-Large Corporate status, Kovai Medical Center and Hospital Limited indicates that it is exempt from the enhanced disclosure and compliance requirements that apply to larger entities under this framework.

Corporate Details

The communication was signed by R. Ponmanikandan, Company Secretary, and bears the company's official digital signature dated April 06, 2026. The hospital, which operates from 99, Avanashi Road, Coimbatore, maintains NABH accreditation and positions itself as providing "Excellence in Healthcare."

Implications

This formal notification ensures regulatory compliance and provides clarity to stakeholders regarding the company's status under SEBI's debt securities framework. The classification as a non-Large Corporate means the company is not subject to the specific disclosure requirements and restrictions that apply to larger entities when raising funds through debt instruments.