Key Quantitative Figures
- Investment amount: ₹8,00,00,000 (Rupees Eight Crores Only)
- Number of hospitals operated by Wardwizard Medicare Private Limited: 4
- Number of Ayurvedic centers operated: 1
Dates and Timeline
- Original AGM Notice date: August 31, 2026
- BSE Query date: September 17, 2026
- Corrigendum issuance date: September 19, 2026
- AGM scheduled date: Wednesday, September 30, 2026 at 03:00 PM (IST)
- Digital signature timestamp: September 19, 2026 at 18:40:43 IST
Parties Involved
- Wardwizard Healthcare Limited (issuing company)
- Wardwizard Medicare Private Limited (investee company, promoter group entity)
- BSE Limited (stock exchange)
- National Depository Services Limited (NSDL) (for dispatch to members)
- National Securities Depository Limited (e-voting service provider)
- Rajbala Kiroriwal, Company Secretary and Compliance Officer (signatory)
Specific Clarifications Made
The corrigendum provides revised disclosure for Point 5(a) of the Explanatory Statement under Item No. 8 of the AGM Notice regarding preferential issue of fully convertible warrants:
Investment Details in Wardwizard Medicare Private Limited (WMPL):
- Name of Proposed Investee Company: Wardwizard Medicare Private Limited
- Exact investment amount: ₹8,00,00,000
- Nature of Investment: Subscription to 2% Non-Cumulative Convertible Preference Shares
- Rationale: To support growth, expansion and development of WMPL's hospital and healthcare business
- Geographic locations of WMPL facilities: Vadodara, Nadiad, Bharuch, and Dahej (hospitals); Vadodara (Ayurvedic Centre)
Restrictions and Confirmations
The Company confirmed that:
- The entire ₹8 crore will be invested only in Wardwizard Medicare Private Limited
- No portion will be utilized for investment in any other promoter or promoter group company
- No proceeds will be used directly or indirectly for repayment of any loan, advance, financial assistance, dues or other outstanding obligation of WMPL or any other promoter group entity
- The utilization is subject to provisions of Companies Act, 2013, SEBI (ICDR) Regulations, 2018, SEBI (LODR) Regulations, 2015, and other applicable laws
Distribution and Availability
The corrigendum:
- Forms an integral part of the AGM Notice
- Will be dispatched to members electronically by NSDL
- Is available on company website (www.wardwizardhealthcare.com)
- Is available on BSE website (www.bseindia.com)
- Is available on NSDL e-voting website (https://www.evoting.nsdl.com)
All other contents of the AGM Notice remain unchanged except for the clarifications provided in this corrigendum.