Sharma East India Hospitals Approves Q1 Results and Appoints New Secretarial Auditors

Sharma East India Hospitals and Medical Research Limited (SHARMEH) has made significant announcements following a board meeting held on August 8, 2025. The company, which operates in the healthcare sector, has approved its quarterly financial results and made a key appointment in its corporate governance structure.

Quarterly Financial Results Approved

The board of directors of SHARMEH convened to review and approve the unaudited financial results for the quarter ended June 30, 2025. The meeting, which began at 4:00 p.m. IST and concluded at 6:15 p.m. IST, saw the board give its nod to the company's performance for the first quarter.

Appointment of New Secretarial Auditors

In a move to strengthen its corporate governance practices, SHARMEH's board has recommended the appointment of M/s. HSPN & Associates LLP as the company's Secretarial Auditors. This appointment, subject to shareholder approval, is proposed for a five-year term spanning from FY 2025-26 to FY 2029-2030.

About HSPN & Associates LLP

HSPN & Associates LLP, formerly known as H. Shetye Associates, brings a wealth of experience to this role:

• Established in 1989, the firm has over three decades of experience in company secretarial practice.
• Led by Mr. Hemant S. Shetye, HSPN & Associates LLP specializes in corporate law services.
• The firm holds a Peer Review Certification from the Institute of Company Secretaries of India (ICSI), attesting to its adherence to quality control systems and guidelines.

Regulatory Compliance

The appointment of HSPN & Associates LLP aligns with Section 204 of the Companies Act, 2013, and the requirements under SEBI (LODR) Amendment Regulations, 2015. This move demonstrates SHARMEH's commitment to maintaining high standards of corporate governance and regulatory compliance.

Next Steps

The appointment of the new Secretarial Auditors will be put to vote at the upcoming Annual General Meeting of SHARMEH for shareholder approval. This change, if approved, will play a crucial role in overseeing the company's secretarial practices and ensuring compliance with various corporate laws and regulations.

The board's decisions, including the approval of quarterly results and the proposed appointment of new auditors, reflect SHARMEH's focus on transparency and adherence to regulatory standards in its operations.