Narayana Hrudayalaya Limited has dispatched letters to shareholders whose email addresses are not registered with the company, Registrar and Share Transfer Agent (RTA), or Depositories, pursuant to Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The communication provides web-links for accessing the Annual Report for FY26 and the Notice of the 26th Annual General Meeting (AGM), scheduled for August 14, 2026. This step ensures that all shareholders have access to critical corporate governance documents ahead of the meeting.

The 26th AGM will be held via video conferencing or other audio-visual means (VC/OAVM) at 11:30 A.M. (IST). The agenda includes seeking shareholder approval for a mandate to raise debt securities worth up to ₹1,500 crore and revisions in remuneration for three key Whole-time Directors. Additionally, the Board of Directors has recommended a final dividend of ₹4.50 per equity share, aggregating ₹91.96 crore, for the financial year ended March 31, 2026. The dividend is payable to members on the record date of July 17, 2026, subject to AGM approval.

Key AGM Dates and Details

Shareholders holding shares as of the cut-off date of August 7, 2026, are eligible to vote. The remote e-voting window opens on August 11, 2026, at 9:00 A.M. (IST) and closes on August 13, 2026, at 5:00 P.M. (IST). For those who did not receive the notice via email, the company has provided direct web-links in the dispatched letters. Physical copies of the Annual Report can be obtained by contacting the RTA at einward.ris@kfintech.com or the company at investorrelations@narayanahealth.org .

Executive Remuneration Revisions

Shareholders will vote on special resolutions to revise the consolidated annual salaries of three senior executives, effective April 1, 2026. The revisions are based on market benchmarking and industry standards:

• Dr. Devi Prasad Shetty, Whole-time Director: Salary increased to up to ₹26.17 crore per annum from ₹23.79 crore.
• Mr. Viren Prasad Shetty, Executive Vice Chairman: Salary increased to up to ₹6.61 crore per annum from ₹5.51 crore.
• Dr. Emmanuel Rupert, Managing Director and Group CEO: Salary increased to up to ₹11.33 crore per annum from ₹10.12 crore.

Additionally, the Board seeks approval to ratify the remuneration of M/s. PSV & Associates as Cost Auditors for FY27 at ₹4 lakh per annum plus taxes and expenses. The company also proposes to approve payment of remuneration to Non-Executive Directors by way of commission not exceeding 1% of net profits for five years from April 1, 2026.

Debt Securities and Director Reappointments

Pursuant to SEBI Master Circular requirements for Large Corporates with outstanding long-term borrowings exceeding ₹1,000 crore, Narayana Hrudayalaya seeks permission to issue secured or unsecured redeemable Non-Convertible Debentures (NCDs) on a private placement basis. The total issuance limit is capped at ₹1,500 crore over one year from the AGM date. The company’s long-term credit rating from ICRA is AA (Stable).

The AGM agenda also includes the reappointment of Dr. Kiran Mazumdar Shaw, who retires by rotation, and Ms. Terri Smith Bresenham, who seeks a second term as Independent Director from August 5, 2026, to August 4, 2031. Members are advised to update their KYC and bank details with KFin Technologies Limited to ensure timely dividend credit and tax deduction at source (TDS) compliance under the Income-tax Act, 1961.

Narayana Hrudayalaya Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, disclosing significant progress in environmental sustainability and operational safety metrics. The filing, dated July 23, 2026, reveals that the company achieved a renewable energy mix of 39.08% for its total electricity consumption, surpassing its earlier target of 35%. This transition, particularly impactful across four hospitals in Karnataka where over 98.92% of electricity is now sourced from renewables, resulted in annual cost savings of approximately ₹80.5 million and avoided more than 28,300 tonnes of CO₂ emissions.

The report was filed pursuant to Regulation 34(2)(f) of the Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations 2015. SGS India Private Ltd provided reasonable assurance on the BRSR core indicators and limited assurance on selected non-core indicators, confirming the data's accuracy in accordance with International Standard on Assurance Engagements (ISAE) 3000 (Revised) and ISAE 3410.

Environmental Performance and Efficiency

Narayana Hrudayalaya’s environmental strategy focuses on energy efficiency, water conservation, and waste management. In FY26, the company implemented retrofit initiatives, including replacing diesel-fired boilers with refrigerant-based heat pumps and upgrading HVAC systems. These measures yielded energy savings of ₹43.69 million, equivalent to conserving 5.66 million units of electricity.

Water stewardship remains a critical focus, with the company achieving a 95% wastewater recycling rate, meeting its target. Total water withdrawal increased to 10,53,382 kilolitres from 9,85,908 kilolitres in FY24-25, driven by service expansion within existing facilities. However, water consumption decreased to 7,62,839 kilolitres from 8,79,640 kilolitres the prior year. Four hospitals currently operate Zero Liquid Discharge systems, reusing treated wastewater for non-contact applications such as flushing and gardening.

Safety and Social Impact

Operational safety metrics remained robust, with a Lost Time Injury Frequency Rate (LTIFR) of zero for employees in FY26, consistent with FY24-25. The company conducted over 473 clinical and 983 non-clinical mock drills annually to ensure emergency preparedness. On the social front, Narayana Hrudayalaya trained 1,160 doctors, nurses, and paramedical staff against a target of 1,000, and supported 2,138 underprivileged students through NEET coaching and scholarships, exceeding its goal of 2,040.

Key Sustainability Metrics

What the Numbers Show

The divergence between rising total water withdrawal and falling water consumption highlights the effectiveness of Narayana Hrudayalaya’s efficiency initiatives despite operational expansion. While withdrawal grew by nearly 7% due to service scaling, consumption dropped by over 13%, indicating successful reduction in water loss and improved usage intensity. Similarly, the increase in renewable energy mix to 39.08% alongside a decrease in total energy consumption demonstrates that the company is decoupling growth from carbon intensity, aligning with its long-term carbon neutrality target for 2040.