Family Care Hospitals Ltd

Family Care Hospitals Ltd

Family Care Hospitals Ltd. announced that its postal ballot, held on June 20, 2026, resulted in the rejection of all four ordinary resolutions. These resolutions sought shareholder approval for various related party transactions proposed to be entered by the company during the financial year 2026-27 with Onelife Capital Advisors Limited, Dealmoney Commodities Private Limited, Dealmoney Distribution And E-Marketing Private Limited, and Sarsan Securities Private Limited. The resolutions were not passed by the requisite majority of the company's members.

Family Care Hospitals Ltd

Family Care Hospitals Ltd submitted its scrutinizer's report and voting results for a postal ballot on June 22, 2026, concerning an Ordinary Resolution for Related Party Transactions with Onelife Capital Advisors Limited for FY 2026-27. Although the scrutinizer reported the resolution as "passed with Requisite Majority," the detailed voting shows only 17.87% votes in favor and 82.13% against. This significant discrepancy indicates the resolution failed based on standard requirements for an Ordinary Resolution, raising serious governance concerns.

Family Care Hospitals Ltd

Dr. Sowmya Deshpande, a non-promoter shareholder of Family Care Hospitals Ltd, disclosed the sale of 242,598 equity shares through open market transactions between May 19, 2026, and May 22, 2026. This transaction reduced her shareholding from 6.82% to 6.38% of the company's total voting capital. The disclosure was made in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.