Shanmuga Hospital Board Approves Unaudited Results, ESOP Plan

Shanmuga Hospital Ltd's Board of Directors convened on August 11, 2026, approving the Unaudited Financial Results for the quarter ended June 30, 2026. The board also formulated the "Shanmuga Hospital Limited Employee Stock Option Plan 2026" (SHL ESOP-2026) and appointed M/s Finshore Management Service Ltd. as the Merchant Banker for the plan. Additionally, the company approved a significant increase in its authorized share capital from ₹14 crore to ₹25 crore, subject to shareholder approval. The board also proposed alterations to the Memorandum and Articles of Association to facilitate future business expansion, including services for medical colleges and software development. The 6th Annual General Meeting is scheduled for September 18, 2026.