The board of directors of Narayana Hrudayalaya Limited meeting held on February 8, 2023, Mr. Shankar Arunachalam was appointed as an Additional Director in the capacity of an Independent Director, with effect from 8 February 2023. The approval of the Shareholders of the Company shall be sought within three months by means of a postal ballot through electronic voting. Dr. Nachiket Madhusudan Mor was appointed as an Additional Director in the capacity of an Independent Director, with effect from 8 February 2023.

The approval of the Shareholders of the Company shall be sought within three months by means of a postal ballot through electronic voting. Mr. Shankar Arunachalam is a Designed Senior Advocate. He is academically Chartered Accountant and Law graduate.

He completed his Chartered Accountancy in 1985 and Degree in Law in 1986. He practiced as a Chartered Accountant till 2002 and since 2002 he is practicing as an advocate and has been advising various reputed domestic and multi-national companies on taxation, finance and other matters. He was designated as a Senior Advocate in 2018.

He has rich experience in accounting, auditing, taxation and legal field. Dr. Nachiket Mor has a Bachelor's degree in Physics from Mumbai University and a Post Graduate Diploma in Management from IIM Ahmedabad. He obtained his PhD in Economics from the University of Pennsylvania.

He has been associated with the financial sector from 1987 onwards. He has held different positions, including that of Deputy Managing Director of ICICI Bank until 2007 and Board Member of CRISIL (2008- 2018), RBI (2013-2018), and NABARD (2014-2017). Since 2011 the focus of his work has been on the healthcare sector.

He was a member of the Planning Commission's High-Level Expert Group on Universal Health Care; the Primary Care Task Force of the Ministry of Health and Family Welfare, which developed the guidelines for the Health & Wellness Centres; the Health Commission for the State of Himachal Pradesh; and the Task Force on Global Health at the Academy of Medicine in Washington DC. He also serves as the Commissioner on the Lancet Commission on Reimagining India's Health System. He is a Visiting Scientist at the Banyan Academy of Leadership in Mental Health and a Senior Research Fellow at the Centre for Information Technology and Public Policy (CITAPP) at IIIT Bangalore.