Krishna Institute of Medical Sciences approves FY26 financials at AGM
- Krishna Institute of Medical Sciences approved FY26 financial statements at its 24th AGM
- Ms. Dandamudi Anitha was reappointed as a director by rotation
- Shareholders ratified cost auditor remuneration for M/s. Sagar & Associates
- Approval granted for loans and guarantees under Section 185 of Companies Act
*this image is generated using AI for illustrative purposes only.
Krishna Institute of Medical Sciences shareholders approved the company's financial statements for the fiscal year ended March 31, 2026, during its 24th Annual General Meeting. The meeting was held on August 27, 2026, via video conferencing.
The Board of Directors transacted ordinary and special business items as per the notice dated August 3, 2026. Key resolutions included the reappointment of Ms. Dandamudi Anitha as a director and the ratification of remuneration for cost auditors.
Meeting Proceedings
The AGM commenced at 4:00 pm and concluded at 6:00 pm. Seventy-one members attended through video conferencing or other audio-visual means. Dr. Bhaskara Rao Bollineni, Chairman and Managing Director, welcomed shareholders and introduced board members present at the meeting.
Ms. Nagajanthi J. R., Company Secretary and Compliance Officer, informed attendees that e-voting facilities were provided by MUFG Intime India Private Limited. M/s. IKR & Associates served as the scrutinizer for the voting process.
Resolutions Passed
Shareholders voted on the following items of business:
| Resolution | Type |
|---|---|
| Adoption of financial statements for FY26 | Ordinary |
| Reappointment of Ms. Dandamudi Anitha as director | Ordinary |
| Ratification of cost auditor remuneration | Ordinary |
| Approval for loans/guarantees under Section 185 | Special |
| Approval of overall limits for loans/investments | Special |
Statutory auditor M/s. S.R. Batliboi & Associates LLP and secretarial auditor M/s. IKR & Associates attended the meeting virtually. The final voting results will be disseminated to stock exchanges and published on the company website.
Historical Stock Returns for Krishna Institute of Medical Sciences
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.63% | -2.56% | -3.68% | +3.38% | +3.04% | +198.31% |
How will the approved overall limits for loans and investments influence Krishna Institute of Medical Sciences' capital allocation strategy for FY27?
What specific expansion or operational initiatives is the company planning to fund using the borrowing capacity authorized under Section 185?
Given the reappointment of Ms. Dandamudi Anitha, what new strategic priorities or governance changes can shareholders expect from the board in the coming year?
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