YHYatharth Hospital & Trauma Care Services543950EGM

EGM approves authorised share capital increase, preferential issue, amended Articles and upside share arrangement

Yatharth Hospital & Trauma Care Services Ltd held its 1st/2026-27 Extra-Ordinary General Meeting on October 15, 2026 through video conferencing.

By ScoutQuest · Fri 16 Oct 2026, 5:46 PM IST · 2 min read

Authorised Share Capital Resolution

99.9866% votes in favour

Preferential Issue Resolution

99.2575% votes in favour

Upside Share Arrangement Resolution

61.5481% in favour and 38.4519% against

Yatharth Hospital & Trauma Care Services Ltd held its 1st/2026-27 Extra-Ordinary General Meeting on Thursday, October 15, 2026 at 11:00 A.M. (IST) through video conferencing / other audio-visual means. All the resolutions set out in the Notice of the EGM were approved with the requisite majority.

What shareholders voted on

• Increase in Authorised Share Capital and Alteration of Capital Clause of the Memorandum of Association (Ordinary Resolution)
• Issuance of Subscription Securities (Equity Shares and Warrants) by way of Preferential Issue on a Private Placement Basis (Special Resolution)
• Adoption of Amended and Restated Articles of Association and Approval of Special Rights granted to the Investor (Special Resolution)
• Adoption of Amended and Restated Articles of Association and Approval of Rights granted to the Promoters (Special Resolution)
• Approval of Upside Share Arrangement under the Investment Agreement (Ordinary Resolution)

How the voting went

The shares held by shareholders, on which the results were computed, totalled 96354357, and the number of shareholders on the cut-off date was 101829. The votes in favour, as a percentage of the votes polled, were:

• Increase in Authorised Share Capital: 99.9866% in favour
• Preferential issue of equity shares and warrants: 99.2575% in favour
• Amended Articles with special rights for the investor: 91.7097% in favour
• Amended Articles with rights for the promoters: 89.5419% in favour
• Upside Share Arrangement: 61.5481% in favour and 38.4519% against

The Promoter and Promoter Group category is shown as interested in the resolutions on the Amended Articles with rights for the promoters and on the Upside Share Arrangement.

What the resolutions mean, in simple terms

• Authorised share capital is the maximum value of shares a company is permitted to issue. Raising this ceiling does not by itself issue any shares; it creates headroom for a future issue.
• A preferential issue of equity shares and warrants on a private placement basis means new shares, and warrants that can later be converted into shares, are issued to selected investors. This can bring fresh money into the company and can change the shareholding pattern.
• The Articles of Association are the company's internal rulebook. The amended and restated Articles, together with the special rights for the investor and the rights for the promoters, were approved by shareholders.
• The Upside Share Arrangement was approved under the Investment Agreement.

The scrutinizer's report

Saurav Upadhyay, proprietor of USRK & Company, Practising Company Secretary, was appointed as the scrutinizer for the remote e-voting and the e-voting at the meeting. The remote e-voting period ran from Monday, October 12, 2026 at 09:00 A.M. (IST) to Wednesday, October 14, 2026 at 05:00 P.M. (IST). The consolidated scrutinizer's report records that all the resolutions stand passed with the requisite majority.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

About ScoutQuest · Logos provided by Logo.dev