Kovai Medical Center Re-designates Dr. Arun as Joint MD

The re-designation is subject to the approval of shareholders and shall not be treated as a break in his service. Dr. Arun N Palaniswami shall hold the office as Joint Managing Director for his remaining tenure and shall be liable to retire by rotation.

Director Profile

Dr. Arun N Palaniswami has over 20 years of experience in the hospital industry. He practiced medicine in the United States for nine years, gaining extensive insight into the operations of various healthcare facilities across the country. For the past eight years, he has served as the Director of Quality Control at KMCH, where he has been actively involved in hospital administration.

Rationale for Re-designation

The Company has achieved significant growth and operational progress under the guidance of Dr. Arun N. Palaniswami. The Board considers his re-designation as Joint Managing Director in view of his valuable contributions and continued leadership.

Director Relationships

Dr. Arun N Palaniswami is the son of Dr. Nalla G Palaniswami and brother of Dr. Mohan S Gounder & Dr. Purani P Palaniswami.

Next Steps

The approval of the shareholders regarding this re-designation shall be sought in terms of applicable regulatory provisions.