Jupiter Hospitals 24th AGM Notice July 2026

Date: Friday, July 17, 2026
Time: 11:00 A.M. IST
Mode: Video Conferencing/Other Audio Visual Means (VC/OAVM)
Record Date: Friday, July 10, 2026
Remote e-Voting Period: Tuesday, July 14, 2026 (9:00 AM) to Thursday, July 16, 2026 (5:00 PM)

1. Adoption of Audited Standalone Financial Statements for FY ended March 31, 2026

2. Adoption of Audited Consolidated Financial Statements for FY ended March 31, 2026

3. Re-appointment of Dr. Ajay Thakker (DIN: 00120887) who retires by rotation

4. Appointment with change in designation and remuneration of Dr. Ajay Thakker as Chairman & Whole Time Director

Effective from July 17, 2026 to July 16, 2031 (5 years)
Remuneration: Up to ₹75 lakh per month (includes professional fees, performance-based pay, allowances, perquisites)
Entitled to other benefits: insurance, leave and leave encashment as per company policies
Reimbursement of business expenses: traveling, boarding, lodging, club membership, seminar expenses
In case of inadequacy of profits, remuneration payable as minimum remuneration subject to Schedule V provisions

5. Sub-division/Split of Equity Shares

1 equity share of ₹10 face value to be subdivided into 5 equity shares of ₹2 face value each
Paid-up share capital remains intact at ₹65,56,60,220
Post-split authorized capital: ₹80 crore divided into 40 crore shares of ₹2 each
Post-split paid-up capital: 32,78,30,110 shares of ₹2 each

6. Alteration of Capital Clause of Memorandum of Association

To reflect new share structure post-split
Clause V to be amended to: "The authorised share capital of the Company is ₹80,00,00,000 divided into 40,00,00,000 equity shares of ₹2 each"

7. Alteration of Articles of Association

Deletion of clauses related to common seal and equity share definition
Modification of clauses related to share certificates, mortgages, and attorneys
Addition of clause permitting execution of documents through Digital/Electronic Signatures

8. Approval of Material Related Party Transaction with Jupiter Hospital Projects Private Limited

Continuation of transactions approved at July 11, 2025 AGM
Financial assistance up to ₹350 crore: loans, advances, corporate guarantees, securities
Transfer/exchange of operational assets up to ₹100 crore
JHPPL is a material subsidiary (96.56% owned by Jupiter Hospitals)
FY25-26 transactions: Loans (₹12 crore), Corporate Guarantee (₹250 crore), Sales (₹0.04 crore), Purchases (₹0.10 crore)
JHPPL financials (FY25): Turnover ₹2,499.08 million, PAT (₹34.29) million, Net worth ₹242.60 million

9. Ratification of Remuneration payable to Cost Auditors

M/s. V. J. Talati & Co., Cost Accountants (Firm Registration No.: R00213)
Remuneration: ₹1,80,000 per annum plus applicable taxes and out-of-pocket expenses
For audit of cost records for FY 2026-27

Current paid-up equity share capital: ₹65,56,60,220 divided into 6,55,66,022 equity shares of ₹10 each
Company operates hospitals at Thane, Pune, and Dombivli locations
JHPPL operates the Indore Hospital
Dr. Ajay Thakker's current remuneration: ₹41.99 million (FY25-26), holding 20.74% equity shares in company

Remote e-voting through NSDL platform
VC/OAVM participation limited to 1000 members on first-come-first-serve basis (exceptions for large shareholders, promoters, etc.)
Questions must be registered in advance between July 11-13, 2026
Scrutinizer: Mr. Vaibhav Dandawate (COP: 27947) or Ms. Deepti Kulkarni (COP: 22502) of Makarand M. Joshi & Co.

Available on company website: www.jupiterhospital.com
Available on stock exchange websites: BSE (www.bseindia.com) and NSE (www.nseindia.com)
Hard copies available on request