Lotus Eye Hospital Announces 29th AGM on Sep 23, 2026; Approves Director Remuneration Revision
Lotus Eye Hospital will hold its 29th AGM on September 23, 2026, via VC/OAVM. The meeting will consider the FY2025-26 annual report and approve a revised monthly remuneration of ₹6,00,000 for MD Ms. Sangeetha Sundaramoorthy, effective August 10, 2026. Approval for continued remuneration for NED Dr. Kuttapalayam Songappan Ramalingam is also sought.
The revision of Managing Director's remuneration and approval for Non-Executive Director's remuneration are material corporate actions that can impact stakeholder perception and company governance, though not directly financial performance in the short term.
The announcement is primarily procedural, related to the AGM and director remuneration, with no significant positive or negative financial news disclosed.
Lotus Eye Hospital and Institute Limited has announced its 29th Annual General Meeting (AGM) scheduled for Wednesday, September 23, 2026, at 04:00 PM IST, to be conducted via Video Conferencing (VC) / Other Audio Visual Means (OAVM). The company has also released its Annual Report for the financial year 2025-26.
The AGM agenda includes the adoption of audited financial statements for the year ended March 31, 2026, and the re-appointment of a director retiring by rotation. A significant item is the proposed revision in the remuneration of Ms. Sangeetha Sundaramoorthy, Managing Director, from ₹3,50,000 to ₹6,00,000 per month, effective from August 10, 2026, for the remaining tenure of her appointment until August 14, 2028.
Additionally, the meeting will seek approval for the continuation of remuneration payment to Dr. Kuttapalayam Songappan Ramalingam, Non-Executive Non-Independent Director, at ₹1,00,000 per month for the financial year 2026-27. The company is also providing a remote e-voting facility to its members, which will be available from September 20, 2026, 09:00 AM IST, to September 22, 2026, 05:00 PM IST. The cut-off date for determining e-voting eligibility is September 16, 2026.
A plain-language summary of a public exchange filing by Lotus Eye Hospital and Institute Limited. Read the original for the full detail.