StockWatch
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Hospital
Merger2 Jul 2026, 11:00 pm

Dr Agarwal's Eye Hospital Creditors Approve Amalgamation Scheme

AI Summary

Dr. Agarwal's Eye Hospital Limited held an NCLT-convened meeting of its unsecured creditors on July 2, 2026, to approve a Scheme of Amalgamation with Dr. Agarwal's Health Care Limited. The meeting, chaired by Shri Kanwal Jeet Arora, saw the requisite quorum of 31 unsecured creditors present. Resolutions concerning the amalgamation scheme were duly transacted and approved by the unsecured creditors, as per the notice and explanatory statement provided. The company has also made this information available on its website.

Key Highlights

  • Unsecured creditors met on July 2, 2026, to vote on an amalgamation scheme.
  • The meeting was convened by the Hon'ble NCLT, Chennai Bench.
  • Resolutions regarding the amalgamation with Dr. Agarwal's Health Care were approved.
  • 31 unsecured creditors were present, meeting the quorum requirement.