StockWatch
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Hospital
Corporate Action20 Oct 2026, 07:00 pm

Dr. Agarwals Health Care: Amalgamation Scheme Effective Nov 1

AI Summary

Dr. Agarwals Health Care Limited announced that its Board of Directors has approved the effectiveness of the Scheme of Amalgamation between Dr. Agarwal's Eye Hospital Limited and Dr. Agarwal's Health Care Limited. The scheme will become effective from November 01, 2026, with an appointed date of April 01, 2026. The authorized share capital of the company will be altered, increasing the equity shares. A record date of November 18, 2026, has been fixed for determining eligible shareholders to receive consideration shares based on a ratio of 23 equity shares of ₹1 each for every 2 equity shares of ₹10 each held in Dr. Agarwal's Eye Hospital Limited.

Key Highlights

  • Amalgamation scheme effective November 1, 2026.
  • Appointed date for amalgamation is April 1, 2026.
  • Authorized share capital to be altered post-amalgamation.
  • Record date set for November 18, 2026, for share allotment.
  • Share exchange ratio: 23:2 for Dr. Agarwal's Eye Hospital shareholders.