Zenith Healthcare Board Approves Amalgamation with Achyut Healthcare

Zenith Healthcare Limited's Board of Directors has approved a Scheme of Amalgamation with Achyut Healthcare Limited. The amalgamation, subject to regulatory and shareholder approvals, involves the dissolution of Achyut Healthcare without winding up and the issuance of Zenith Healthcare shares to Achyut's shareholders. The transaction is considered a related party transaction but will not attract Section 188 of the Companies Act, 2013, as it falls under amalgamation provisions. The share exchange ratio is based on a valuation report. Zenith Healthcare had assets of INR 1098.59 lakhs and turnover of INR 1093.65 lakhs, while Achyut Healthcare had assets of INR 3809.44 lakhs and turnover of INR 1197.15 lakhs as of March 31, 2026.