Key Resolutions for Shareholder Approval

1. Re-appointment of Mr. Chetan Desai as Independent Director

  • Director Details: Mr. Chetan Desai (DIN: 03595319)
  • Current Status: Currently serving first term ending April 24, 2026
  • Proposed Term: Second term of five years from April 25, 2026 to April 24, 2031
  • Special Consideration: Approval sought notwithstanding he has achieved age of 75 years
  • Remuneration History: Received sitting fees of ₹11,00,000 during FY 2025-26
  • Board Attendance: 100% attendance (7 out of 7 meetings) in FY 2025-26
  • Committee Roles: Chairperson of Audit Committee, Member of Nomination and Remuneration Committee

2. Appointment of Mr. Raju Venkatraman as Independent Director

  • Director Details: Mr. Raju Venkatraman (DIN: 00632071)
  • Proposed Term: Two years from April 25, 2026 to April 24, 2028
  • Qualifications: Graduate from Indian Institute of Technology (IIT) Madras
  • Background: Seasoned entrepreneur with experience in diagnostics, healthcare, and IT/ITeS sectors
  • Previous Role: Founder and former Chairman and Managing Director of Medall Healthcare Private Limited

3. Appointment of Ms. Lilian Jessie Paul as Independent Director

  • Director Details: Ms. Lilian Jessie Paul (DIN: 02864506)
  • Proposed Term: Two years from April 25, 2026 to April 24, 2028
  • Qualifications: MBA from IIM Calcutta, B.E. Computer Science from NIT Trichy
  • Background: 25+ years experience in marketing, brand building, and corporate strategy
  • Current Directorships: Bajaj Consumer Care Limited, CreditAccess Grameen Limited, PB Fintech Limited

4. Approval for Payment of Remuneration to Independent Directors

  • Remuneration Type: Commission in addition to sitting fees
  • Calculation Basis: Not to exceed 1% of net profits computed under Section 198 of Companies Act, 2013
  • Maximum Cap: ₹50,00,000 (Rupees Fifty Lakhs only) overall
  • Distribution: To be determined by Board based on attendance, contribution, and engagement
  • Effective: Financial year 2026-27 onwards

Postal Ballot Process Details

  • Cut-off date for eligibility: Friday, May 29, 2026
  • E-voting period: Friday, June 05, 2026 (09:00 Hrs.) to Saturday, July 04, 2026 (17:00 Hrs.)
  • Result announcement: Within two working days after e-voting conclusion
  • Scrutinizer: Mr. Dinesh Birla (FCS No.- 7658 and CP No.- 13029), Practicing Company Secretary
  • Voting Method: Remote e-voting only through NSDL platform
  • Result publication: To be announced to stock exchanges and company website

Additional Information

  • All directors have provided statutory declarations confirming eligibility and independence
  • No director or KMP (except the appointees) is interested in the resolutions
  • Notice available on company website (www.krsnaadiagnostics.com) and NSDL website (www.evoting.nsdl.com)
  • Material documents available for electronic inspection from June 05 to July 04, 2026 upon request

Voting Rights

  • Voting rights proportional to paid-up equity share capital as on May 29, 2026 (cut-off date)
  • Only members registered as on cut-off date are eligible to vote
  • Voting cannot be exercised by proxy

Financial Impact

  • Commission payment to Independent Directors subject to maximum of 1% of net profits or ₹50 lakh
  • No other quantified financial impact disclosed

#Tags: #KrsnaaDiagnostics #DirectorAppointments #PostalBallot #SEBIDisclosure #CorporateGovernance #Neutral