KIMS AGM voting results show strong support for all resolutions
- All five resolutions at KIMS' 24th AGM passed with requisite majority
- Financial statements for FY26 approved with 99.99% support
- Ms. Dandamudi Anitha reappointed as director with 74.46% approval
- Special resolutions for loans and guarantees secured 78.38% and 78.50% support respectively
- Promoters voted unanimously in favour of all agenda items
*this image is generated using AI for illustrative purposes only.
Krishna Institute of Medical Sciences shareholders approved all five resolutions at its 24th Annual General Meeting held on August 27, 2026. The company released the final voting results and scrutinizer's report on August 30, 2026, confirming that each item passed with the requisite majority.
The meeting was conducted via video conferencing and other audio-visual means. Of the 97,610 shareholders on the record date, 421 members cast votes, representing approximately 84.9% of outstanding shares.
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 | Votes in Favour | Votes Against | % in Favour |
|---|---|---|---|---|
| Adoption of financial statements for FY26 | Ordinary | 35,65,61,087 | 105 | 99.99997% |
| Reappointment of Ms. Dandamudi Anitha as director | Ordinary | 26,16,22,035 | 8,97,55,408 | 74.4561% |
| Ratification of cost auditor remuneration | Ordinary | 35,65,64,204 | 285 | 99.99992% |
| Approval for loans/guarantees under Section 185 | Special | 27,94,80,731 | 7,70,83,758 | 78.3815% |
| Approval of overall limits for loans/investments | Special | 27,99,17,476 | 7,66,46,793 | 78.5041% |
Statutory auditor M/s. S.R. Batliboi & Associates LLP and secretarial auditor M/s. IKR & Associates attended the meeting virtually. The final voting results have been disseminated to stock exchanges and published on the company website.
Voting Analysis
Promoter and Promoter Group shareholders voted unanimously in favour of all resolutions. Public institutional shareholders showed significant dissent on the reappointment of Ms. Dandamudi Anitha, with 49.49% voting against the resolution. However, strong support from public non-institutional shareholders ensured the resolution passed with an overall 74.46% approval.
Similarly, the special resolutions regarding loans and guarantees faced opposition from public institutions, with approximately 41% voting against both items. Despite this, the resolutions secured over 78% support overall, driven by unanimous promoter backing and near-unanimous support from retail investors.
Historical Stock Returns for Krishna Institute of Medical Sciences
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.79% | +3.80% | +1.73% | +23.39% | +7.69% | +225.04% |
How might the significant dissent from public institutional shareholders regarding Ms. Dandamudi Anitha's reappointment impact the company's future corporate governance strategies?
What specific financial risks or opportunities are associated with the approved limits for loans and guarantees under Section 185, and how will they affect the company's balance sheet in FY27?
Given the high approval rate for financial statements, what key performance indicators should investors monitor to assess if the company meets its projected growth targets for the upcoming fiscal year?
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