StockWatch
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Hospital
Corporate Action20 Oct 2026, 07:20 pm

Dr. Agarwals Health Care: Record Date Fixed for Amalgamation

AI Summary

Dr. Agarwals Health Care Limited announced that its Board of Directors has fixed Wednesday, November 18, 2026, as the record date for determining eligible shareholders entitled to receive consideration shares as part of the amalgamation scheme with Dr. Agarwals Eye Hospital Limited. The amalgamation scheme is set to become effective from November 1, 2026, with an appointed date of April 1, 2026. The authorized share capital of Dr. Agarwals Health Care Limited will be merged and increased. The share exchange ratio is 23 equity shares of ₹1 each of Dr. Agarwals Health Care for every 2 equity shares of ₹10 each held in Dr. Agarwals Eye Hospital.

Key Highlights

  • Record date set for November 18, 2026, for amalgamation share allotment.
  • Amalgamation effective November 1, 2026; appointed date April 1, 2026.
  • Share exchange ratio: 23:2 (Dr. Agarwals Health Care: Dr. Agarwals Eye Hospital).
  • Authorized share capital to be merged and increased post-amalgamation.