Virinchi Limited has disclosed the voting results for a postal ballot conducted to seek shareholder approval for the acquisition of the primary and secondary healthcare business division under the Bristlecone Hospitals brand from its material subsidiary, Virinchi Health Care Private Limited, on a slump sale basis.

The postal ballot notice was dispatched to shareholders on July 10, 2026, with reference to SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, specifically Regulations 30 and 44(3). The remote e-voting period was open from July 12, 2026, at 09:00 AM IST to August 10, 2026, at 05:00 PM IST. The record date for determining shareholders entitled to vote was July 3, 2026.

CS Vinay Babu Gade, Company Secretary in Practice, was appointed as the scrutinizer by the Board of Directors in their meeting held on May 28, 2026. The e-voting process was conducted through Central Depository Services (India) Limited (CDSL) via their platform https://www.evotingindia.com/. The votes were unblocked on August 10, 2026, at 06:33 PM in the presence of two witnesses, Mr. Trinath and Mr. Govind, who are not employees of the company.

Voting Results for Resolution No. 1: Approval for Acquisition

  • Total Shareholders on Record Date: 37,924
  • Total Number of Shares Outstanding: 112,707,372
  • Total Votes Polled: 5,510,829 shares (4.89% of total outstanding shares)
  • Votes in Favor: 5,242,203 shares (95.13% of valid votes)
  • Votes Against: 268,626 shares (4.87% of valid votes)
  • Invalid Votes: Nil

Category-wise Voting Breakdown

  • Promoter and Promoter Group: Held 44,475,538 shares; 0 votes polled (0% participation)
  • Public Institutions: Held 0 shares; 0 votes polled
  • Public Non-Institutions: Held 68,231,834 shares; 5,510,829 votes polled (8.08% participation)
  • Votes in Favor: 5,242,203 shares (95.13% of votes polled by this category)
  • Votes Against: 268,626 shares (4.87% of votes polled by this category)

The resolution was passed with the requisite majority. The scrutinizer's report confirms that all registers and records related to the e-voting process are maintained in electronic form and will remain in the scrutinizer's safe custody until the Chairman approves and signs the minutes.

The voting results and scrutinizer's report are available on the company's website at www.virinchi.com and have been filed with the BSE and NSE as required by SEBI regulations.

#Virinchi #SEBIDisclosure #VotingResults #M&A #RegulatoryCompliance #Neutral