Financial Results Approval

The Board approved the unaudited standalone financial results for the quarter ended June 30, 2026, as recommended by the Audit Committee. The financial results include a Limited Review Report issued by the statutory auditors, P P N And Company Chartered Accountants (Firm Registration No: 013623S).

Key Financial Figures (All amounts in Rs. Lakhs except EPS):

  • Revenue from Operations: 1,186.71
  • Other Income: 4.27
  • Total Income: 1,190.98
  • Total Expenses: 1,059.43
  • Profit Before Tax: 131.56
  • Tax Expense: Current Tax 22.90, Deferred Tax 10.01
  • Net Profit: 98.65
  • Basic EPS: ₹0.72
  • Diluted EPS: ₹0.72
  • Paid-up Equity Share Capital: 13,613,000 shares of ₹10 each

Comparative Figures:

  • Previous quarter (March 31, 2026): Revenue 1,085.34, Net Profit 105.09
  • Same quarter previous year (June 30, 2025): Revenue 1,148.21, Net Profit 94.98
  • Full year FY26: Revenue 4,743.61, Net Profit 421.06

Power Purchase Agreement

The Board approved entering into a Power Purchase Agreement (PPA) with LNGS Private Limited for procurement of electricity for the company's power requirements.

Key Terms:

  • Procurement tariff: ₹6.10 per unit
  • Overall value depends on actual electricity consumption during PPA tenure
  • Company will invest 1% of the paid-up share capital of LNGS Private Limited as a condition precedent
  • LNGS Private Limited is not related to promoter/promoter group/group companies
  • Dr. Prabu Sankar Panneerselvam, Director & CEO, authorized to negotiate, finalize and execute the PPA

Employee Stock Option Plan

The Board formulated "Shanmuga Hospital Limited Employee Stock Option Plan 2026" (SHL ESOP-2026) in accordance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

Key Details:

  • Maximum options: 3,50,000 (Three Lakh Fifty Thousand)
  • Represents 2.58% of total paid-up equity share capital
  • Exercise price not less than face value (₹10) and not more than previous day's closing market price
  • Vesting period: Minimum 1 year, maximum 3 years from grant date
  • Subject to shareholder approval at AGM

Merchant Banker Appointment

M/s Finshore Management Service Ltd. appointed as Merchant Banker for the Employee Stock Option Plan.

Authorized Share Capital Increase

The Board approved increase in authorized share capital from ₹14,00,00,000 (1,40,00,000 equity shares of ₹10 each) to ₹25,00,00,000 (2,50,00,000 equity shares of ₹10 each), subject to shareholder approval at the ensuing Annual General Meeting.

Memorandum of Association Alteration

The Board approved alteration of the Main Object Clause of the Memorandum of Association by inserting two new clauses:

1. To provide administrative, operational, management, technical, academic, training, consultancy and other allied support services to medical colleges, nursing colleges, paramedical institutions, teaching hospitals, healthcare institutions and other medical educational establishments.

2. To carry on business of designing, developing, creating, owning, licensing, marketing, selling, distributing, implementing, maintaining, upgrading and otherwise dealing in computer software, software products, mobile applications, web applications and other digital applications and solutions.

Articles of Association Alteration

The Board approved alteration of certain provisions of the Articles of Association relating to Definitions/Interpretation, Share Capital, and Variation of Rights of Shareholders, subject to shareholder approval by Special Resolution at the AGM.

Annual General Meeting Details

  • 6th Annual General Meeting to be held on Friday, 18th September, 2026 at 02:30 P.M. through Video Conferencing/Other Audio-Visual Means
  • Record Date for determining members eligible: 11.09.2026
  • Book Closure: 12.09.2026 to 18.09.2026
  • Notice and Annual Report for FY 2025-26 will be sent electronically to shareholders with registered email addresses

Scrutinizer Appointment

CS Santhanakrishna Anuradha, Practicing Company Secretary, Salem appointed as Scrutinizer for the 6th Annual General Meeting.

Meeting Duration

The Board meeting commenced at 03:00 PM and concluded at 05:50 PM.