Looks Health Services shareholders overwhelmingly approved all three ordinary resolutions at its 15th Annual General Meeting on September 12, 2026. The scrutinizer report confirmed that 99.99% of valid votes cast supported each resolution, with only six members voting against the proposals.

The meeting, chaired by Managing Director Ms. Monika Joshi, concluded within 14 minutes after transacting business via Video Conferencing. Shareholders adopted the audited financial statements for FY26, reappointed Mr. Mihir Ganappa as a director, and appointed M/s. SGAG & Co as statutory auditors to fill the casual vacancy left by M/s KPSJ & Associates LLP.

Voting Results

The consolidated scrutinizer report filed with BSE Limited details the voting breakdown for each resolution. Remote e-voting was open from September 9 to September 11, 2026. No votes were cast during the VC/OAVM session itself.

A total of 44 members voted in favor of each resolution through remote e-voting. Six members voted against all three resolutions, casting a combined total of 16 votes against each proposal. There were no invalid votes recorded.

Participation Metrics

The company had 11,089 shareholders as on the cut-off date of September 5, 2026. The total number of votes polled was 1,789,278, representing a 17.04% participation rate on outstanding shares of 10,500,000. All voting activity occurred through remote e-voting; no votes were cast via poll or postal ballot. Promoter and public institutional shareholders did not participate in the voting process.

Meeting Proceedings

Ms. Monika Joshi chaired the meeting which commenced at 12:10 pm and concluded at 12:24 pm. The session was conducted in compliance with SEBI Listing Regulations and Companies Act provisions. Ms. Vandanaben Ajeshkumar Sheladiya, Company Secretary, addressed members before business items were transacted.

Ms. Shubhangi Agarwal of A. Shubhangi & Associates served as the scrutinizer for the e-voting process. The electronic voting system was unblocked on September 12, 2026, at approximately 1:30 pm in the presence of two independent witnesses, Mr. Alay Vasavada and Ms. Mahima S. Devan.

Key Resolutions

Shareholders voted on three ordinary business items:

• Adoption of audited financial statements for FY26 along with board and auditor reports.
• Reappointment of Mr. Mihir Ganappa (DIN: 10652499) as a director following his retirement by rotation.
• Appointment of M/s. SGAG & Co (FRN: 022788C) as statutory auditors to fill the casual vacancy caused by the resignation of M/s KPSJ & Associates LLP.

The cut-off date for determining voting eligibility was September 5, 2026. Members present who had not voted remotely were allowed to cast votes via the National Securities Depository Ltd platform during the meeting.

Looks Health Services Limited has scheduled its 15th Annual General Meeting (AGM) for September 12, 2026, with the e-voting cut-off date set for September 5, 2026. The company recently filed its annual report for FY26, disclosing stable profitability despite a significant decline in other income.

The Board of Directors approved the notice for the AGM during its meeting held on August 19, 2026. The primary business items include the adoption of audited standalone financial statements for FY26 and the reports of the Board and Auditors.

Financial Performance

Revenue from operations declined to ₹38.80 lakh in FY26, down from ₹39.47 lakh in FY25, representing a marginal decrease of 1.7%. Total income dropped significantly to ₹39.19 lakh from ₹78.52 lakh in the prior year, primarily due to a sharp decline in other income which fell to ₹0.39 lakh from ₹39.05 lakh.

Despite lower revenue, the company maintained operational efficiency by reducing operating and administrative expenses to ₹21.79 lakh from ₹61.47 lakh. Consequently, profit before tax rose slightly to ₹3.15 lakh from ₹2.89 lakh. Profit after tax remained flat at ₹2.35 lakh, compared to ₹2.39 lakh in FY25. No dividend was declared.

Director Reappointment

Mr. Mihir Ganappa (DIN: 10652499) retires by rotation at the ensuing AGM and seeks reappointment as a Non-Executive Director. Mr. Ganappa, who holds a B.Com degree and possesses expertise in Business Leadership and Finance, was first appointed to the Board on September 5, 2024. He attended all 11 Board meetings during his tenure in FY25-26. He does not hold any shares in the company and receives nil remuneration.

Statutory Auditor Appointment

The AGM will consider the appointment of M/s SGAG & Co., Chartered Accountants (Firm Registration No. 022788C), as statutory auditor to fill a casual vacancy. This follows the resignation of M/s KPSJ & Associates LLP, effective August 18, 2026, citing resource constraints. KPSJ & Associates confirmed they had completed the limited review report for the quarter ended June 30, 2026.

SGAG & Co. will hold office from the conclusion of this AGM until the next AGM. The firm is empanelled with the Comptroller and Auditor General (CAG) under Empanelment No. CR5879.

E-Voting and Logistics

Remote e-voting commences on September 9, 2026, at 9:00 am and ends on September 11, 2026, at 5:00 pm. Shareholders on record as of September 5, 2026, are entitled to vote. Ms. Shubhangi Agarwal has been appointed as the scrutinizer. The Register of Members and Share Transfer Books will remain closed from September 6, 2026, to September 12, 2026.

What the Numbers Show

The sharp decline in total income, driven by a near-total disappearance of other income (from ₹39.05 lakh to ₹0.39 lakh), contrasts with stable core profitability. While revenue dipped marginally, the substantial reduction in operating expenses (down 64.5%) helped preserve profit before tax levels. This suggests that the previous year's high other income was non-recurring or exceptional, and the current year's results reflect more normalized operational performance.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE204N01013/5d5e3597-591c-4fec-bbed-9ee24c8cfb38.pdf