The Board of Directors of Modern Diagnostic & Research Centre Limited convened on September 3, 2026, to discuss and approve key matters. Significant approvals include the Annual Report on CSR activities for the financial year ended 2025-26 and the budget for CSR expenditures for the financial year 2026-27. The board also approved the Director Responsibility Statement and took on record the Secretarial Audit Report.
Board Meeting Highlights
Modern Diagnostic & Research Centre Limited announced the outcomes of its Board of Directors meeting held on September 3, 2026. The board inter-alia considered and approved several important matters crucial for the company’s operations and compliance. The meeting focused on financial reporting, corporate governance, and strategic planning for social responsibility initiatives.
Key Approvals
- Annual Report on CSR Activities: The Board approved the Annual Report detailing Corporate Social Responsibility (CSR) activities undertaken during the financial year ended 2025-26.
- CSR Expenditure Budget: Approval was granted for the amount of expenditures (budget) to be incurred on CSR activities for the financial year 2026-27, aligning with Schedule VII requirements.
- Director Responsibility Statement: The Board approved the Director Responsibility Statement, reinforcing the accountability of the board members.
- Secretarial Audit Report: The Secretarial Audit Report was taken on record, signifying adherence to regulatory and compliance standards.
- Scrutinizer Appointment: An independent Scrutinizer was appointed to oversee the voting and e-voting process for the upcoming Annual General Meeting, ensuring fairness and transparency.
- Director Re-appointment: Following retirement by rotation, Smt. Deepali Yadav was re-appointed as Director, being eligible and offering herself for re-appointment.
- Director Report: The Director Report for the financial year ending 2025-26 was approved.
- AGM Notice: The notice for the 14th Annual General Meeting (AGM) of the Company was approved.
- Integrated Corporate Governance: The Board took note of the certificate of compliance for Integrated Corporate Governance for the quarter ended June 30, 2026.
- Statutory Auditor Re-appointment: A proposal for the re-appointment of the Statutory Auditor was approved.
- E-voting Agency Appointment: Approval was given for the appointment of MUFG Intime India Private Limited as the e-voting agency.
Other Business
Under any other item with the permission of the chair, the Board approved the termination of a business agreement with a business associate managing the laboratory in Jaipur. The Board meeting commenced at 03:44 P.M. and concluded at 04:26 P.M.
Source: BSE
