Management Change4 Aug 2026, 03:04 pm
Zenith Healthcare Reappoints Mahendra C Raycha as CMD for 3 Years
AI Summary
Zenith Healthcare Ltd's Board of Directors has approved the re-appointment of Mr. Mahendra C Raycha as Chairman and Managing Director for a further period of 3 years, effective July 1, 2026. This reappointment is subject to shareholder approval via special resolution at the upcoming AGM. Mr. Raycha will receive a remuneration of ₹2,00,000 per month plus other perquisites. The company also announced the AGM date as August 28, 2026, with August 21, 2026, fixed as the record date.
Key Highlights
- Mahendra C Raycha reappointed as CMD for 3 years from July 1, 2026.
- Remuneration set at ₹2,00,000 per month plus perquisites.
- Reappointment requires shareholder approval via special resolution.
- AGM scheduled for August 28, 2026; Record date is August 21, 2026.
Price Impact
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