Nexus Surgical and Medicare Limited has approved the re-designation of Ram Swaroop Joshi from Professional Non-Executive Director to Promoter Non-Executive Director. The change is effective from the close of business hours on September 2, 2026.

The decision was ratified by shareholders during the company's 35th Annual General Meeting. The meeting took place on September 25, 2026, at 12:30 pm via video conferencing. This move aligns Joshi's board role with his promoter status within the organization.

Regulatory disclosure details

The company filed a formal disclosure with BSE Limited on September 26, 2026, citing Regulation 30 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing confirms that the members approved the specific change in director capacity following the AGM proceedings.

Governance implications

The re-designation signifies a shift in the classification of Joshi's directorship from professional to promoter category. Monika Choudhary, Company Secretary, signed the digital submission confirming these changes for corporate records. No financial figures or operational metrics were disclosed in this specific governance update.

Nexus Surgical and Medicare Limited held its 35th Annual General Meeting on September 25, 2026, via video conferencing. All seven resolutions were passed with requisite majority, including the appointment of Anish More as Managing Director for a three-year term.

Key resolutions passed

Shareholders approved seven resolutions spanning financial adoption and board-level governance. The proceedings were conducted in compliance with the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Managing Director appointment details

The members approved the appointment of Anish More (DIN 11070098) as Managing Director for a period of 3 years from September 2, 2026, to September 1, 2029. The remuneration approved is ₹24,00,000 per annum, in accordance with Schedule V of the Companies Act, 2013, given the company's inadequate profits. More holds an M.S. from the University of California, Riverside, and a B.E. in Computer Engineering. He is a co-founder of Saans AI and has experience in healthcare technology and cloud infrastructure. He is not related to any other director or key managerial personnel and is not debarred from holding office.

Governance and attendance

Ram Swaroop Joshi chaired the meeting, welcoming members and introducing the board. Independent Directors Surya Kant Modi, Ashish Durgaprasad Mishra, and Neha Bhageria attended. Pawankumar Choudhary served as Director and Chief Financial Officer, while Anish More was introduced as Professional Executive Director. Monika Choudhary acted as Company Secretary and Compliance Officer. Statutory auditor Satya Prakash Natani from M/s. Satya Prakash Natani & Co. and secretarial auditor Narottam Bagaria from M/s. N. Bagaria & Associates also participated virtually.

Voting results

The company provided remote e-voting through Purva Sharegistry (India) Private Limited, with the voting period running from September 22, 2026 (9:00 am) to September 24, 2026 (5:00 pm). Members who had not voted remotely were given the facility to vote at the AGM. The cut-off date for voting eligibility was September 18, 2026. As on the record date, the total number of shareholders stood at 5,925. The consolidated scrutinizer's report was prepared by CS Narottam Bagaria, Partner, M/s. N. Bagaria & Associates.

The table below presents the agenda-wise voting summary across all seven resolutions.

*The Promoter/Promoter Group was interested in Resolution 5 and abstained from voting in compliance with the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Accordingly, the promoter group's 1,025,000 shares were excluded from the vote count for this resolution.

Compliance and post-meeting disclosures

Resolutions 1 to 5 were deemed passed as ordinary resolutions, while Resolutions 6 and 7 were passed as special resolutions. The annual report containing the Board's Report and Auditors' Report was circulated electronically. Consolidated voting results were submitted to BSE Limited and published on the company website within two working days. The meeting concluded at 12:45 pm.