Board Meeting Details
The Board of Directors of Family Care Hospitals Limited met on Friday, July 31, 2026. The meeting commenced at 2:30 PM and concluded at 6:00 PM.
Key Agenda Items and Outcomes
1. Approval of Financial Results: The Board considered and approved the Standalone Unaudited Financial Results for the first quarter ended June 30, 2026, along with the Limited Review Report from the statutory auditors.
2. Appointment of Key Managerial Personnel: The Board appointed Mr. Ashdullah Khan as the Company Secretary & Compliance Officer of the company with immediate effect (from July 31, 2026).
Details of Management Change
- Name: Mr. Ashdullah Khan
- Role Appointed: Company Secretary & Compliance Officer
- Effective Date: July 31, 2026
- Brief Profile: He is an Associate Member of the Institute of Company Secretaries of India and has experience in dealing with matters of the Companies Act, Listing Regulations, and allied laws.
- Regulatory Reference: The disclosure format is as per SEBI Circular no. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.
Standalone Unaudited Financial Results (Q1 FY27 ended June 30, 2026)
The financial results are presented in ₹ Lakhs.
Income Statement Highlights:
- Revenue from Operations: ₹ 0.00
- Total Income: ₹ 9.75
- Total Expenses: ₹ 167.59
- Loss Before Tax: ₹ (157.84)
- Tax Expense: ₹ 0.00
- Loss for the Period/Quarter: ₹ (157.84)
- Paid-up Equity Share Capital: ₹ 2,412.50 (Face Value: ₹ 10 per share)
- Basic and Diluted Earnings Per Share (EPS): ₹ (0.65)
Note 5 - Auditor's Qualification on Inventory:
The company's inventory includes Discount Coupon Vouchers amounting to ₹ 38.03 crore (₹ 3,803.24 Lakhs). These vouchers have remained unutilized due to the closure of the company's main hospital operations. Management intends to debit/transfer this stock to a related party, but the necessary shareholder approval had not been received as of June 30, 2026. Consequently, the inventory continues to be carried at its book value. The auditors are unable to comment on the realizable value of these vouchers, the appropriateness of their book value, or the consequential financial impact due to the pending approvals, prolonged closure of operations, and absence of a definitive revival timeframe.