Merger11 May 2026, 06:01 pm
Dr. Agarwals Health Care: NCLT Approves Amalgamation Scheme
AI Summary
Dr. Agarwals Health Care Ltd. announced that the Hon'ble NCLT, Chennai Bench, has approved the Scheme of amalgamation between Dr. Agarwal's Eye Hospital Limited and Dr. Agarwal's Health Care Limited. The order, dated May 05, 2026, directs the convening of shareholder and creditor meetings on July 02, 2026, to consider the proposed amalgamation. The company is awaiting the certified copy of the order, which will be made available on its website. The scheme is subject to necessary statutory and regulatory approvals.
Key Highlights
- NCLT Chennai approves Dr. Agarwal's amalgamation scheme.
- Shareholder and creditor meetings set for July 02, 2026.
- Meetings to consider and approve the amalgamation scheme.
- Order uploaded on NCLT website May 11, 2026.
- Scheme subject to regulatory approvals.