Key Details

Postal Ballot Process

The Company has initiated a postal ballot process to seek shareholder approval for the appointment of two Independent Directors. The notice was sent electronically to members whose email addresses were registered with the Company, Depository Participant(s), or Registrar and Share Transfer Agent as of the cut-off date of July 17, 2026.

Kfin Technologies Limited has been engaged to provide remote e-voting facilities. The remote e-voting period commences on Tuesday, July 21, 2026, at 9:00 AM IST and ends on Thursday, August 20, 2026, at 5:00 PM IST.

Resolution Details

Item No. 1: Appointment of Mr. Satyanarayana Murthy Chavali (DIN: 00142138)

  • Proposed as Independent Director for a term of 5 consecutive years from May 26, 2026, to May 25, 2031
  • Not liable to retire by rotation
  • Entitled to receive remuneration by way of sitting fees, commission, and reimbursement of expenses as permissible under the Companies Act and SEBI Listing Regulations
  • Currently serves as Additional Director since May 26, 2026
  • Age: 59 years
  • Qualifications: B.Tech from IIT Madras, PGDM from IIM Bangalore
  • Expertise: Pharmaceutical research and development, drug discovery, strategic leadership, business operations, corporate governance
  • Previous positions: CEO of Aurigene Discovery Technologies Limited, senior leadership at Dr. Reddy's Laboratories Limited
  • Current directorships: Gland Pharma Limited, Balaji Amines Limited
  • Proposed remuneration: ₹12 lakhs per annum plus commission/sitting fees

Item No. 2: Appointment of Mr. Dipinder Singh Sekhon (DIN: 01000924)

  • Proposed as Independent Director for a term of 2 years from May 26, 2026, to May 25, 2028
  • Not liable to retire by rotation
  • Entitled to receive remuneration by way of sitting fees, commission, and reimbursement of expenses as permissible under the Companies Act and SEBI Listing Regulations
  • Currently serves as Additional Director since May 26, 2026
  • Age: 46 years
  • Qualifications: B.Tech and M.Tech in Computer Science from IIT Delhi, public and economic policy studies at Sciences Po and London School of Economics, executive education at Harvard Medical School (ongoing)
  • Expertise: Artificial intelligence, computer vision, medical imaging, enterprise technology leadership
  • Founder of iKITES.ai and Ophthal.ai initiatives under Knowledge Innovation and Technology EcoSystem (KITES)
  • Co-Founder of KritiKal Solutions (2002)
  • Associated with IIT Delhi's Foundation for Innovation and Technology Transfer (FITT), serving on its Governing Council
  • No current directorships in listed entities
  • Proposed remuneration: Commission and/or sitting fees as approved by the Board

Voting and Result Timeline

  • Remote e-voting period: July 21, 2026 (9:00 AM IST) to August 20, 2026 (5:00 PM IST)
  • Results announcement: On or before Saturday, August 22, 2026
  • Scrutinizer: M/s. Balaramakrishna & Associates represented by Mr. Balaramakrishna Desina, Practicing Company Secretary (FCS No. 8168, CP No. 22414)

Additional Information

The postal ballot notice is available on the Company's website at https://www.vijayadiagnostic.com/investors/postal-ballot and on the e-voting service provider's website at https://evoting.kfintech.com.

Material documents referred to in the explanatory statement are available for electronic inspection during the voting period upon request to cs@vijayadiagnostic.in or einward.ris@kfintech.com.

Financial Impact

No immediate financial impact quantified in the disclosure. Remuneration for directors will be within limits prescribed under the Companies Act, 2013 and SEBI Listing Regulations.