Management Change4 Aug 2026, 03:43 pm
Zenith Healthcare: Reappoints Mahendra C Raycha as CMD for 3 Years
AI Summary
Zenith Healthcare Ltd announced 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 its AGM will be held on August 28, 2026, with August 21, 2026, fixed as the record date. The Register of Members and Share Transfer Books will be closed from August 22 to August 28, 2026.
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 August 21, 2026.
- Share transfer books closed August 22-28, 2026.
Price Impact
More from ZENITHHE