Board Meeting10 Jun 2026, 06:33 pm
Health X Platform Ltd Approves Composite Scheme of Arrangement
AI Summary
Health X Platform Ltd announced that its Board of Directors has approved a Composite Scheme of Arrangement and Amalgamation involving Health X Platform Limited, Microsec Resources Private Limited, Innogrow Technologies Limited, and Sastasundar Healthbuddy Limited. The scheme aims to amalgamate these entities, with specific share entitlement and exchange ratios defined for the resulting share issuance. The appointed date for the scheme is set as April 1, 2026, with the effective date contingent on regulatory approvals and filings. The scheme is subject to approvals from stock exchanges, SEBI, NCLT, RBI, and shareholders/creditors.
Key Highlights
- Board approved a Composite Scheme of Arrangement and Amalgamation.
- Scheme involves Health X Platform, Microsec Resources, Innogrow Tech, and Sastasundar Healthbuddy.
- Specific share entitlement and exchange ratios have been determined.
- Appointed date set for April 1, 2026; effective date pending approvals.
- Scheme requires approvals from multiple regulatory bodies and stakeholders.
Price Impact
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