Health X Platform Ltd Approves Composite Scheme of Arrangement

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 demerged, resulting, and transferee companies. The appointed date is set for April 1, 2026, with the effective date contingent on regulatory approvals, including from SEBI, NCLT, and stock exchanges. This significant corporate restructuring is subject to various statutory and shareholder approvals.