Chennai Meenakshi Hospital Board Approves Director Changes & CEO Fees
Chennai Meenakshi Multispeciality Hospital Ltd's Board of Directors, in a meeting on September 1, 2026, approved several key changes. These include the redesignation of Mr. A. F. Simeon Telfer and Ms. Sindu Chawla from Non-Executive Independent Directors to Non-Executive Non-Independent Directors. The board also approved professional and surgical fees for CEO & KMP, Dr. Thanigai Vendan Moorthy, amounting to up to ₹8,00,000 per month for FY 2026-27. Additionally, the re-appointment of Mr. Edward M. Prabhakar as a Non-Executive Director and Mrs. R. Gomathi as Managing Director (Chairman) for three years was recommended/approved. Board committees were reconstituted, and the 36th AGM notice was approved, scheduled for September 30, 2026.
Key Highlights
- Directors redesignated from Independent to Non-Independent status.
- CEO & KMP to receive up to ₹8 Lakhs/month in professional/surgical fees.
- Re-appointment of MD as Chairman approved for three years.
- Board committees reconstituted following director changes.
- 36th AGM scheduled for September 30, 2026, via Video Conferencing.
Price Impact
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