Annual Report for FY 2025 - 26

27 August 2026 BSE Limited Phiroze Jeejebhoy Towers, Dalal Street, Mumbai – 400001 Script Code: 543346 Dear Sir / Madam, Sub: Submission of Annual Report for the Financial Year 2025 – 26 Pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 (“LODR Regulations”), please find herewith the enclosed Annual Report for the Financial Year 2025 – 26. We request you to take this intimation on your records. Thanking you, Yours faithfully, For, Aashka Hospitals Limited Bipinchandra D. Shah Chairman & Managing Director DIN: 009348108 Encl.: a/a ANNUAL REPORT 2025 – 2026 AASHKA HOSPITALS LIMITED Directors Mr. Bipinchandra D. Shah Chairman & Managing Director Mrs. Shreyarthi B. Shah Director Mr. Jigar K. Trivedi Independent Director Mr. Umang A. Shah Independent Director Mr. Lokesh Khandelwal Chief Financial Officer Mr. Mayank Agarwal Company Secretary Audit Mr. Umang A. Shah Chairman Committee Mr. Jigar K. Trivedi Mrs. Shreyarthi B. Shah Nomination & Mr. Umang A. Shah Chairman Remuneration Mr. Jigar K. Trivedi Committee Mrs. Shreyarthi B. Shah Stakeholders Mr. Umang A. Shah Chairman Relationship Mr. Bipinchandra D. Shah Committee Mrs. Shreyarthi B. Shah Statutory Auditors M/s. Parimal S Shah & Co. Chartered Accountants Ahmedabad Registered Office Between Sargasan & Reliance Cross Road, Sargasan, Gandhinagar – 382421 Registrar & Share Accurate Securities & Registry Private Limited Transfer Agent B 1105 – 1108, K P Epitome, Nr. Makarba Lake, Nr. Siddhi Vinayak Towers, Makarba, Ahmedabad, Ahmedabad – 380051 Ph: +91-79-4800-0319 | E-mail: investors@accuratesecurities.com Web: www.accurateseucrities.com Notice of the 14th Annual General Meeting of the Company to be held on Thursday, September 24, 2026 at 11:30 am at Between Sargasan & Reliance Cross Road, Sargasan, Gandhinagar – 382421 Shareholders intending to require information about the accounts to be explained at the Meeting are requested to inform the Company at least 7 days in advance of the Annual General Meeting BOARD’S REPORT Dear Shareholders, Your directors have pleasure in submitting herewith their Annual Report together with the Audited Statement of Accounts for the financial year ended on 31st March, 2026. FINANCIAL RESULTS (in INR Lakhs) Particulars March 31, 2026 March 31, 2025 Revenue from Operations 2,301.03 2,264.68 Other Income 226.91 333.86 Total Income 2,527.94 2,598.54 Total Expenses 2,191.90 2,304.19 Profit / (Loss) before exceptional item and tax 336.04 294.34 Exceptional items (59.57) (92.63) Profit / (Loss) before tax 395.61 386.97 Less: Tax Expenses 61.71 60.37 Profit / (Loss) for the year 333.89 326.61 STATE OF COMPANY’S AFFAIR, OPERATING RESULTS AND PROFITS Aashka Hospitals is a Multi - Speciality hospital founded in the year 2012, located in the Capital of Gujarat i.e. Gandhinagar. Aashka is an advanced tertiary care medical center, consisting of 150 beds including 65 ICU beds, class 100 modular two cardiac OTs & four dedicated OTs for each super – speciality. Two procedure rooms are available for endoscopy and other minor procedures. All OTs with laminar airflow, HEPA filters & next generation Anesthesia Trolly. Hospital has state of the art flat panel Cath Lab, CT scan, pneumatic transfer system & ultra-modern software driven administration. Intensive Care Unit (ICU) is a specialized facility dedicated to patients who require intensive monitoring, nursing care and complex respiratory support. The ICU is staffed 24 hours a day by certified specialists and experienced nurses in intensive clinical care. Ultra-modern 65 beaded ICU are equipped with intelligent ventilators, by-phasic AED & pacing defibrillators, modular touch screen multipara monitoring system and centralized Gas supply system. • Operation During the year under review, total earnings has been INR 2,5727.94 Lakhs as compared to INR 2,598.54 Lakhs in the previous year. Profit of the Company after tax stood at INR 333.89 Lakhs as compared to profit of the Company INR 326.61 Lakhs in the previous year. WEBLINK OF THE ANNUAL RETURN The copy of Annual Return in Form MGT – 7 for the financial year ending March 31, 2026 has been placed on the web portal of the company at www.aashkahospitals.in under Investor section. NUMBER OF MEETINGS OF THE BOARD The Board meets at regular interval with gap between two meetings not exceeding 120 days. Seven (7) Board Meetings were held on 15 April 2025, 27 May 2025, 21 July 2025, 26 August, 2025, 10 November 2025, 28 December 2025 and 02 March 2026 during the financial year 2025-26. DIRECTORS’ RESPONSIBILITY STATEMENT In terms of Section 134 (3) (c) of the Companies Act, 2013 in relation to the financial statements for the year 2025- 26, the Board of Directors state that: a) In preparation of the annual accounts, the applicable accounting standards had been followed along with proper explanation relating to material departures; b) The directors had selected such accounting policies and applied them consistently and made judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the company for the financial year ended on March 31, 2026 and of the profit and loss of the company for that period; c) The directors had taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the Companies Act, 2013 for safeguarding the assets of the company and for preventing and detecting fraud and other irregularities; d) The directors had prepared the annual accounts on a going concern basis; and e) The directors had laid down internal financial controls to be followed by the company and that such internal financial controls are adequate and were operating effectively. f) The directors had devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems were adequate and operating effectively. DETAILS OF FRAUDS REPORT BY THE AUDITOR There are no frauds reported by the auditor in its audit report in pursuance to section 143(12) of the Companies Act, 2013, during the period under review. DECLARATION OF INDEPENDENT DIRECTORS All the Independent Director of the Company have given their declaration that they meet the criteria of independence as laid down under Section 149(6) of the Act. COMPANY’S POLICY ON DIRECTOR’S APPOINTMENT AND REMUNERATION INCLUDING CRITERIA FOR DETERMINING QUALIFICATIONS, POSITIVE ATTRIBUTES, INDEPENDENCE OF A DIRECTOR AND OTHER MATTER The Board has, on the recommendation of the Nomination & Remuneration Committee framed a remuneration policy for selection and appointment of Directors, Senior Management and their remuneration including criteria for determining qualifications, positive attributes, independence of a Director etc. and the same is also available on the website of the Company at the link https://aashkahospitals.in/wp-content/uploads/2021/08/G-Nomination-and-Remuneration-Policy.pdf AUDITORS Pursuant to the provisions of Section 139 of the Act and rules framed thereunder M/s. Parimal S. Shah & Co., Chartered Accountants, Ahmedabad (FRN: 107591W) were appointed as Statutory Auditors of the Company for a consecutive term of 5 (five) years, to hold office from the conclusion of 11th Annual General Meeting till the conclusion of 16th Annual General Meeting. The Auditors’ Report annexed to the financial statements for the year under review does not contain any qualifications. SECRETARIAL AUDITOR Pursuant to the provisions of Section 204 of the Companies Act, 2013 and the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, the Company has appointed M/s. Suthar & Surti, Company Secretaries to undertake the Secretarial Audit of the Company. It is hereby confirmed that the Company has complied with the provisions of SS – 1 i.e. Secretarial Standard on meetings of Board of Directors and SS – 2 i.e. Secretarial Standards on General Meetings. The Re [Showing first 8,000 characters — download PDF for full document]