Vijaya Diagnostic Centre appoints Narasimha Raju K.A. as CFO effective July 09, 2026

1 min read     Updated on 10 Jul 2026, 09:29 AM
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Vijaya Diagnostic Centre has reappointed Mr. Narasimha Raju K.A. as Chief Financial Officer effective July 09, 2026, subject to Board approval under SEBI regulations. A Chartered Accountant with over 20 years of experience, he previously led the company's financial strategy during his tenure as CFO from March 15, 2021, to March 26, 2025, including its IPO. Most recently, he served as the CFO of Yashoda Group of Hospitals.

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Vijaya Diagnostic Centre has appointed Mr. Narasimha Raju K.A. as its Chief Financial Officer effective July 09, 2026, to strengthen its financial management and governance standards. The Board of Directors approved the appointment during a meeting held on July 09, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting commenced at 17:30 hrs and concluded at 17:40 hrs.

Mr. Narasimha Raju K.A. is a Chartered Accountant with over 20 years of experience in finance, accounting, corporate governance, and strategic leadership. His background includes working with S R Batliboi & Co, an affiliate of Ernst & Young, and senior leadership roles in healthcare, diagnostics, renewable energy, and real estate sectors. He previously served as the CFO of Vijaya Diagnostic Centre from March 15, 2021, to March 26, 2025, leading strategic initiatives including the company's initial public offering (IPO) during the COVID-19 pandemic.

Prior to rejoining, he served as the CFO of Yashoda Group of Hospitals. His expertise includes investor relations, mergers and acquisitions, financial reporting under Ind AS and IFRS, and regulatory compliance. The detailed disclosure regarding the appointment is provided in the table below:

Particulars Details
Name Narasimha Raju K A
Designation Chief Financial Officer
Date of Appointment July 09, 2026
Experience Over 20 years in finance and governance
Previous Tenure as CFO March 15, 2021 to March 26, 2025
Previous Role CFO, Yashoda Group of Hospitals

Historical Stock Returns for Vijaya Diagnostic Centre

1 Day5 Days1 Month6 Months1 Year5 Years
+0.49%+3.73%+8.28%+39.68%+36.16%+124.06%

What strategic financial priorities will the CFO focus on following his reappointment?

Could this leadership change signal upcoming mergers, acquisitions, or expansion plans?

How will the company leverage his previous experience to navigate current healthcare market challenges?

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abrdn Asia Limited reduces stake in Vijaya Diagnostic Centre

1 min read     Updated on 01 Jul 2026, 11:51 AM
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abrdn Asia Limited reduced its stake in Vijaya Diagnostic Centre Limited by selling 133,199 shares on June 29, 2026. The open market sale lowered the acquirer's holding to 3.2373%, or 3,331,046 shares. The transaction was disclosed under SEBI takeover regulations.

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abrdn Asia Limited, acting on behalf of funds advised and managed by the group, reduced its shareholding in Vijaya Diagnostic Centre Limited through an open market sale on June 29, 2026. The transaction involved the disposal of 133,199 equity shares, resulting in a decrease of the acquirer's voting rights by 0.1294%. This regulatory filing was submitted under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Prior to the sale, the acquirer held 3,464,245 shares, representing 3.3667% of the total share capital. The shares were held across various funds within the Aberdeen Group, including the Aberdeen Group plc Segregated Fund, Aberdeen India Fund, Inc., and Aberdeen Asia Focus plc. Registered holders for these securities included entities such as Pictet & Cie - Switzerland, State Street Bank & Trust, and BNP Paribas Securities Services.

The disposal was executed entirely through the open market mode. As a result of the transaction, the total holding of abrdn Asia Limited and its Persons Acting in Concert (PAC) now stands at 3,331,046 shares. This revised holding constitutes 3.2373% of the total voting capital of Vijaya Diagnostic Centre Limited. The equity share capital of the company remains unchanged at Rs. 102,896,728, based on a par value of Rs 1.

The filing confirms that the acquirer does not belong to the promoter or promoter group of the target company. The shares of Vijaya Diagnostic Centre Limited are listed on BSE Limited and the National Stock Exchange of India Ltd. The disclosure was signed by Jenny Clarke, an authorised signatory for abrdn Asia Limited, in Edinburgh on June 30, 2026.

Shareholding Details

The following table outlines the changes in the acquirer's shareholding:

Description Number of Shares % of Total Share Capital % of Diluted Share Capital
Holding Before Sale
Shares carrying voting rights 3,464,245 3.3667 3.3667
Transaction Details
Shares sold -133,199 -0.1294 -0.1294
Holding After Sale
Shares carrying voting rights 3,331,046 3.2373 3.2373

Historical Stock Returns for Vijaya Diagnostic Centre

1 Day5 Days1 Month6 Months1 Year5 Years
+0.49%+3.73%+8.28%+39.68%+36.16%+124.06%

Does this sale signal a broader shift in abrdn’s investment strategy regarding the Indian healthcare sector?

How might this reduction in institutional holding impact the liquidity and trading volume of Vijaya Diagnostic Centre shares?

Is abrdn planning to further decrease its stake in the company in the upcoming quarters?

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