Narayana Hrudayalaya: NCLT Sanctions Scheme of Arrangement

Narayana Hrudayalaya Limited announced that the Hon'ble National Company Law Tribunal (NCLT), Bengaluru Bench, has sanctioned the Scheme of Arrangement between its wholly owned subsidiary, NH Integrated Care Private Limited, and Narayana Hrudayalaya Limited. The scheme, effective from April 1, 2025, involves the demerger of the Clinical Services undertaking of the subsidiary, including 9 clinics in Bengaluru and 1 in Hosur, into Narayana Hrudayalaya Limited on a going-concern basis. As the subsidiary is wholly owned, no new shares will be issued, and there will be no change in the company's share capital or shareholding pattern. The Scheme becomes effective upon filing the certified copy of the order with the Registrar of Companies.