Vijaya Diagnostic Centre Ltd: Audit Committee Certifies Medinova Shareholder Payout

Vijaya Diagnostic Centre Limited (VDCL) has submitted a report from its Audit Committee and Independent Directors, dated August 6, 2026. This report certifies the distribution of proceeds from fractional entitlements to eligible shareholders of Medinova Diagnostic Services Limited (MDSL) following their amalgamation. The scheme, sanctioned by the NCLT, involved a share exchange ratio of 1 VDCL share for every 22 MDSL shares. Fractional entitlements totaling 3,914 shares were consolidated and allotted to Catalyst Trusteeship Limited, who will distribute the proceeds to eligible shareholders after deducting expenses and taxes, as per SEBI Master Circular guidelines.