Merger19 Jun 2026, 06:01 pm
Aster DM: NCLT approves Quality Care India amalgamation scheme
AI Summary
Aster DM Healthcare Ltd announced that the National Company Law Tribunal (NCLT), Hyderabad Bench, has sanctioned the Scheme of Amalgamation between Quality Care India Limited (Transferor Company) and Aster DM Healthcare Limited (Transferee Company). The NCLT order was passed on June 19, 2026, with a certified copy currently awaited. The scheme will become effective once the certified copy of the order is filed with the Registrar of Companies by both companies and other specified conditions are met. Upon the scheme's effectiveness, Quality Care India Limited will be dissolved without winding up. Aster DM Healthcare will inform the stock exchanges about the effective date in due course.
Key Highlights
- NCLT Hyderabad approved the amalgamation of Quality Care India with Aster DM Healthcare.
- The order was passed on June 19, 2026, with a certified copy pending.
- Scheme becomes effective upon filing NCLT order with ROC and fulfilling conditions.
- Quality Care India Limited will be dissolved without winding up post-effectiveness.
- Effective date of the scheme will be communicated to stock exchanges later.
Price Impact
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