Medplus Health Services: Independent Directors Madhavan Ganesan & Murali Sivaraman Cease Tenure
Mr. Madhavan Ganesan and Mr. Murali Sivaraman have completed their first term as Non-Executive Independent Directors at Medplus Health Services Limited. They cease to be directors effective June 10, 2026. The company acknowledged their contributions.
The cessation of independent directors upon completion of their tenure is a standard corporate governance procedure and is unlikely to have a significant impact on the company's operations or stock performance.
The announcement is a routine update regarding the completion of tenure for two independent directors, with no positive or negative financial implications mentioned.
Medplus Health Services Limited has announced the completion of the first term for two of its Non-Executive Independent Directors, Mr. Madhavan Ganesan (DIN:01674529) and Mr. Murali Sivaraman (DIN:01461231).
Both directors have ceased to hold their positions effective from the close of business hours on June 10, 2026. This cessation is due to the completion of their initial tenure as independent directors of the company.
The Board of Directors and the Management of Medplus Health Services Limited expressed their sincere appreciation for the valuable contributions made by Mr. Ganesan and Mr. Sivaraman during their association with the company over the years.
Further details as required by SEBI regulations are provided in Annexure 'A' and will be available on the company's website and the websites of BSE Limited and the National Stock Exchange of India Limited.
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Medplus Health Services Limited filed this with the NSE as a statutory disclosure, categorised under board changes. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Medplus Health Services Limited. Read the original for the full detail.