Yatharth Hospital & Trauma Care Services Limited has published newspaper advertisements regarding its postal ballot notice for seeking shareholder approval to create security on company assets worth up to Rs. 1,000 crores. The healthcare company issued a compliance notice to both NSE and BSE on April 10, 2026, confirming the publication of advertisements in Financial Express (English) and Jansatta (Hindi) newspapers.
Regulatory compliance and publication
The company has fulfilled its regulatory obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, by publishing the postal ballot notice in newspapers. The advertisements were published on April 10, 2026, providing public shareholders with information about the e-voting process and security creation proposal.
Security creation proposal details
The company is seeking approval through a special resolution to create security by way of charge, mortgage, hypothecation, and other means on its assets. This authorization will enable the company to secure various types of borrowings from multiple sources including banks, financial institutions, insurance companies, and non-banking financial companies.
| Security Parameters: | Details |
| Maximum Security Amount: | Rs. 1,000 crores |
| Resolution Type: | Special Resolution |
| Board Approval Date: | April 03, 2026 |
| Cut-off Date: | April 03, 2026 |
The proposed security creation will cover both present and future movable and immovable properties of the company. The borrowings may include term loans, cash credit facilities, working capital facilities, debentures, bonds, commercial papers, and foreign currency loans or external commercial borrowings.
E-Voting process and timeline
The company has appointed Mr. Saurav Upadhyay, a practicing company secretary with membership number ACS 67860, as the scrutinizer for conducting the postal ballot through remote e-voting process. The voting is being conducted exclusively through electronic means via Central Depository Services (India) Limited platform.
| E-Voting Schedule: | Date and Time |
| Voting Commencement: | Monday, April 13, 2026 (9:00 a.m. IST) |
| Voting End: | Tuesday, May 12, 2026 (5:00 p.m. IST) |
| Result Declaration: | By Thursday, May 14, 2026 |
| Notice Distribution: | Thursday, April 09, 2026 |
Shareholders whose names appear in the register of members as on the cut-off date of Friday, April 03, 2026, are eligible to participate in the voting process. The company’s registrar and transfer agent, MUFG Intime India Private Limited, is facilitating the e-voting process.
Business rationale and corporate structure
The Board of Directors approved this proposal at their meeting held on April 03, 2026, citing the need to support the company’s future growth and expansion initiatives. The authorization seeks to provide adequate financial flexibility for meeting present and future funding requirements efficiently.
The resolution grants authority to the Board of Directors or the Banking and Finance Committee to finalize and execute necessary documents, deeds, and agreements related to the security creation. This includes the power to settle any questions or difficulties that may arise regarding the mortgage or charge creation process. ScanX
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