StockWatch
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Hospital
Corporate Action20 Oct 2026, 07:50 pm

Dr Agarwals Eye Hospital Fixes Nov 18 Record Date for Amalgamation Share Swap

AI Summary

Dr Agarwals Eye Hospital Ltd has fixed November 18, 2026, as the record date for the allotment of consideration shares to its eligible shareholders as part of the amalgamation scheme with Dr. Agarwal's Health Care Limited. The amalgamation scheme, approved by the National Company Law Tribunal (NCLT) on September 30, 2026, will become effective from November 1, 2026. Shareholders of Dr. Agarwals Eye Hospital will receive 23 equity shares of Dr. Agarwal's Health Care for every 2 shares held. Upon the scheme becoming effective, Dr. Agarwals Eye Hospital will stand dissolved without winding up.

Key Highlights

  • Record date set for November 18, 2026, for share allotment.
  • Amalgamation with Dr. Agarwal's Health Care effective November 1, 2026.
  • Share exchange ratio: 23 Dr. Agarwal's Health Care shares for every 2 held.
  • Transferor company (Dr. Agarwals Eye Hospital) to be dissolved post-amalgamation.