Sowmya Deshpande has reduced her shareholding in Family Care Hospitals Limited by selling 148,596 equity shares through open market transactions. The sales, executed between May 19, 2026, and May 22, 2026, were disclosed to the Bombay Stock Exchange under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Following the disposal, Deshpande's stake in the company decreased to 6.82% of the total paid-up voting capital. Prior to the sale, she held 7.1% of the equity shares carrying voting rights. The disclosure confirms that the acquirer does not belong to the promoter or promoter group of the target company.

Shareholding Details

The transaction involved the sale of ordinary shares carrying voting rights. The table below outlines the changes in Deshpande's shareholding pattern before and after the recent transactions.

Transaction and Capital Structure

The equity share capital of Family Care Hospitals Limited remains unchanged at Rs. 54,01,47,740, comprising 5,40,14,774 shares with a face value of Rs. 10 each. The total diluted share and voting capital also stands at Rs. 54,01,47,740. The shares of the company are listed on BSE Limited.

Family Care Hospitals Limited has initiated a postal ballot process to seek shareholder approval for related party transactions proposed for the financial year 2026-27. The company’s board has identified four specific entities classified as promoter group companies for these transactions. The resolutions require ordinary approval from the members through remote e-voting.

The related parties involved in the proposed transactions include Onelife Capital Advisors Limited, Dealmoney Commodities Private Limited (merged with Dealmoney Securities Private Limited), Dealmoney Distribution and E-Marketing Private Limited, and Sarsan Securities Private Limited. The transactions are intended to support the company’s proposed revival, restructuring, and future business expansion plans by ensuring the availability of financial resources for operational liabilities and statutory obligations.

Key Details of Proposed Transactions

The company has disclosed that the proposed transactions will be in the nature of purchase or sale of services, giving or availing of loans, guarantees, or the selling or buying of property. The maximum value of transactions for each related party has been specified for the financial year. The audit committee has reviewed and approved these transactions, noting they will be conducted on an arm’s length basis.

E-Voting Schedule and Process

The remote e-voting facility will be available to shareholders whose names appear on the register of members or in the register of beneficial owners as on the cut-off date of May 08, 2026. The voting period begins at 9:00 AM on May 22, 2026, and ends at 5:00 PM on June 20, 2026. Shareholders can cast their votes through the CDSL or NSDL e-voting systems or via the Registrar & Transfer Agent’s platform.

Purva Sharegistry (India) Private Limited has been engaged to provide the remote e-voting facility. M/s M Siroya and Company, Company Secretaries, has been appointed as the scrutinizer to ensure the process is conducted fairly and transparently. The results of the postal ballot will be declared on June 20, 2026, subject to obtaining requisite votes.