Max Healthcare Institute Shareholders Approve Re-appointment of Narayan K. Seshadri via Postal Ballot

Max Healthcare Institute Limited has successfully completed its postal ballot process, with shareholders approving the re-appointment of Mr. Narayan K. Seshadri as Non-Executive and Non-Independent Director. The resolution was deemed passed on May 11, 2026, being the last date of remote e-voting, as confirmed by the scrutinizer's report dated May 12, 2026. The postal ballot notice was originally issued on April 8, 2026, and the remote e-voting window remained open from April 12, 2026 to May 11, 2026. The minutes of the resolution were entered on May 13, 2026 and signed on May 14, 2026 at New Delhi by the Chairman, Mr. Abhay Soi.

Postal Ballot Process Overview

The postal ballot was conducted exclusively through remote e-voting via the designated platform of MUFG Intime India Private Limited. The cut-off date for determining eligible shareholders was April 8, 2026. As on the cut-off date, the total number of shareholders on record stood at 2,26,949. The fully paid-up share capital of the Company as on the cut-off date was Rs. 973,19,25,020/- divided into 97,31,92,502 equity shares of Rs. 10/- each.

The Company published an advertisement on April 12, 2026 regarding the service of the Postal Ballot Notice to members in the English language newspaper Financial Express (all India editions) and in the Marathi language newspaper Navshakti (Mumbai edition). The scrutinizer for the process was Devesh Kumar Vasisht, Managing Partner of M/s DPV & Associates LLP, Practicing Company Secretaries, appointed by the Board of Directors on April 8, 2026. The e-voting was unblocked on May 11, 2026 after 5.00 pm (IST) in the presence of two witnesses, Mr. Mukesh Sharma and Mr. Parveen Kumar, who are not in the employment of the Company.

Resolution: Re-appointment of Mr. Narayan K. Seshadri

The sole resolution put to vote sought the re-appointment of Mr. Narayan K. Seshadri (DIN: 00053563) as Non-Executive and Non-Independent Director through an Ordinary Resolution, for a period of 3 (three) years from May 16, 2026 to May 15, 2029 (both days inclusive), liable to retire by rotation. The resolution was passed with a requisite majority of ~91.07%. The promoter and promoter group cast 100.00% of their eligible votes in favour, while public institutional shareholders recorded a participation rate of 91.87%, with 87.79% of votes polled in favour. The following table presents the consolidated voting outcome:

Metric: Details Resolution Type: Ordinary Resolution Total Shares Eligible: 97,31,92,502 Total Votes Polled: 87,53,79,499 Votes in Favour: 79,71,85,401 Votes Against: 7,81,94,098 % Votes Polled on Outstanding Shares: 89.95% % Votes in Favour on Votes Polled: 91.07% % Votes Against on Votes Polled: 8.93%

Category-Wise Voting Breakdown

The voting participation and outcome varied across shareholder categories. The table below provides a detailed category-wise summary:

Category: Shares Held Votes Polled % Polled Votes in Favour Votes Against % in Favour % Against Promoter & Promoter Group: 23,07,77,699 23,07,77,699 100.00 23,07,77,699 0 100.00 0.00 Public – Institutions: 69,70,95,227 64,04,44,543 91.87 56,22,52,923 7,81,91,620 87.79 12.21 Public – Non-Institutions: 4,53,19,576 41,57,257 9.17 41,54,779 2,478 99.94 0.06 Total: 97,31,92,502 87,53,79,499 89.95 79,71,85,401 7,81,94,098 91.07 8.93

Member Participation Summary

A total of 1,568 members participated in the voting process. Of these, 1,257 members voted in assent and 330 members voted in dissent. It is noted that 19 shareholders voted partly in favour and partly against the resolution, and accordingly their count was considered in both categories. The net valid votes cast stood at 87,53,79,499, with no invalid votes recorded.

Particulars: No. of Members No. of Votes Paid-up Value of Shares Votes with Assent: 1,257 79,71,85,401 7,97,18,54,010 Votes with Dissent: 330 7,81,94,098 78,19,40,980 Total Valid Votes: 1,568* 87,53,79,499 8,75,37,94,990

*19 Shareholders voted partly in favour and partly against the resolution.

The voting results along with the scrutinizer's report have been filed with the stock exchanges and are hosted on the Company's website at www.maxhealthcare.in and on the e-voting service provider's platform at https://instavote.linkintime.co.in . The Company Secretary and Compliance Officer, Dhiraj Aroraa, confirmed the results on May 12, 2026 from Gurugram.

Max Healthcare Institute Limited has scheduled an earnings call to discuss its financial results for the quarter and financial year ended March 31, 2026. The conference call for investors and analysts will take place on Friday, May 22, 2026, at 11:00 AM IST. The company's board meeting to consider and approve the standalone and consolidated financial results for the same period is set for Thursday, May 21, 2026.

Board Meeting Agenda

The board meeting convened pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, will address key financial matters. The agenda includes the consideration and approval of financial results for the quarter and year ended March 31, 2026. Additionally, the board will recommend a final dividend, if any, on equity shares for the financial year ended March 31, 2026.

Earnings Call Details

Senior management will host the call, which will begin with a brief discussion on the Q4 and FY26 results to be declared on May 21, followed by a Question & Answer session. Participants can pre-register to ensure zero wait time.

Details Information Timing 11:00 AM IST on Friday, May 22, 2026 Conference dial-in (Primary) +91 22 6280 1141 USA Local Number 1 866 746 2133 UK Local Number 0 808 101 1573 Singapore Toll Free 800 101 2045 Hong Kong Toll Free 800 964 448

Trading Window Closure

In accordance with regulatory norms, the trading window for securities of the company remains closed for all designated persons and their immediate relatives. The window will remain shut until 48 hours after the declaration of the financial results.

We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better.

Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians.

As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation.

We plan to change that - a technology-led and artificial intelligence enabled platform built for super traders and long term investors.

Disclaimer:

The data and information provided on this website is for general informational and research purposes only. While we strive to ensure that the content is accurate, up-to-date, and reliable, this platform utilizes artificial intelligence (AI) tools to generate, curate, and summarize information. As such, the content may occasionally contain errors, omissions, or outdated information. All users are therefore advised to cross verify the source of the data and information.

This website does not constitute professional, legal, financial, medical, or any other form of licensed advice. Users are encouraged to independently verify any information before relying on it, especially for decisions that may have legal, financial, or personal consequences.

The views, analyses, and summaries presented on this platform may be generated or assisted by AI and do not necessarily reflect the opinions of the website owners, operators, editors, or affiliates.

We make no warranties or representations, express or implied, regarding the completeness, accuracy, reliability, suitability, or availability of the information contained on this website. Any reliance you place on such information is strictly at your own risk.

This website may include links to third-party sources or content. We do not control or endorse the nature, accuracy, or availability of those external sites and are not responsible for any content or damages arising from their use.

By using this website, you acknowledge and agree that the use of AI-generated content involves inherent limitations, uncertainties and inaccuracies, and you accept full responsibility for how you interpret and use the information provided.

We reserve the right to modify, update, or remove content and this disclaimer at any time without prior notice.