Merger11 May 2026, 05:51 pm
Dr Agarwals Eye: NCLT Approves Amalgamation Scheme
AI Summary
The Hon'ble NCLT, Chennai Bench, has approved the Scheme of Amalgamation between Dr. Agarwal's Eye Hospital Limited (AEHL) and Dr. Agarwal's Health Care Limited (AHCL). The order, dated May 05, 2026, directs AEHL and AHCL to convene meetings of shareholders and creditors on July 02, 2026, to consider the proposed amalgamation. The certified copy of the order is awaited and will be made available on the AEHL website. The scheme is subject to necessary statutory and regulatory approvals.
Key Highlights
- NCLT Chennai approves AEHL and AHCL amalgamation scheme.
- Shareholder and creditor meetings scheduled for July 02, 2026.
- Meetings to consider and approve the amalgamation.
- Scheme subject to statutory and regulatory approvals.