Key Event

Mr. Akshit M. Raycha (DIN: 03039859) was regularized as a Joint Managing Director/Whole Time Director of Zenith Healthcare Limited. This regularization was approved by the shareholders through a special resolution passed in the company's 32nd Annual General Meeting.

Director Details (From Annexure)

Name & DIN: Mr. Akshit Mahendra Raycha (DIN: 03039859)

Date of Birth: 5th May 1989

Age: 37 Years

Date of Initial Appointment: 29th May 2026

Educational Qualification: Commerce Graduate and M.B.A. from Cambridge University

Experience: Described as having vast experience in management, particularly in handling export business and the retail industry. The annexure notes he has started new initiatives since joining the company.

Term of Office: From 29th May 2026 to 28th April 2029 (3 years)

Actual Date of Expiry of Term: Till the conclusion of the next Annual General Meeting.

Other Directorships:

  • Zenith Lifecare Private Limited
  • Zenith Medicine Private Limited
  • Achyut Healthcare Limited
  • Duck Cosmetics LLP (Designated Partner)

Committee Memberships: NIL

Relationship with other Directors: Son of the Chairman & Managing Director (Mahendra C. Raycha) and Director (Neela M. Raycha).

Shareholding: 189,817 shares

Approval Process

  • Approved by the Nomination and Remuneration Committee on 29th May 2026.
  • Approved by the Board of Directors in their meeting held on 29th May 2026.
  • Approved by shareholders via a special resolution in the 32nd AGM.

Remuneration Details

Brief Details of Remuneration: Monthly remuneration of up to ₹2,00,000, payable monthly, bi-monthly, quarterly, half-yearly, or yearly as per the company's financial convenience. Other perquisites are as per the agreement.

Change in Remuneration: An increase of ₹9,00,000 per annum was approved, making the total annual remuneration ₹24,00,000.

Compliance Status

As per BSE circular No. LIST/COM/14/2018-19 and NSE circular no. NSE/CML/2018/24 dated June 20, 2018, Mr. Akshit M. Raycha is not debarred from holding the office of director by any order from SEBI or any other authority.