Narayana Hrudayalaya Limited has announced meetings for shareholders and creditors of both itself (Resulting Company) and NH Integrated Care Private Limited (Demerged Company) on Thursday, April 02, 2026. These meetings are convened to approve the Scheme of Arrangement involving the demerger of NH Integrated Care Private Limited into Narayana Hrudayalaya Limited. Remote e-voting will be available from Monday, March 30, 2026, until Wednesday, April 01, 2026.
Notice for Shareholder and Creditor Meetings
A formal notice has been issued for meetings of the Shareholders and Creditors of Narayana Hrudayalaya Limited (“the Company” / “Resulting Company”) and the Creditors of NH Integrated Care Private Limited (“NHIC” / “Demerged Company”). These meetings, directed by the National Company Law Tribunal (NCLT) Bench at Bengaluru via Order dated February 13, 2026, are scheduled for Thursday, April 02, 2026.
Scheme of Arrangement Details
The primary purpose of these meetings is to seek approval for the Scheme of Arrangement, which involves the demerger of the Demerged Undertaking from NH Integrated Care Private Limited into Narayana Hrudayalaya Limited, pursuant to Sections 230 to 232 of the Companies Act, 2013.
Meeting Schedule for April 02, 2026
The meetings are structured as follows, all conducted via video conferencing/audio-visual means (VC/OAVM):
- Narayana Hrudayalaya Limited (Resulting Company):
- Equity shareholders: 10:00 A.M.
- Secured Creditors: 11:30 A.M.
- Unsecured Creditors: 12:30 P.M.
- NH Integrated Care Private Limited (Demerged Company):
- Secured Creditors: 02:00 P.M.
- Unsecured Creditors: 03:00 P.M.
E-Voting Period
Shareholders and creditors are provided the facility to vote electronically. The remote e-voting period will commence on Monday, March 30, 2026, at 9:00 A.M. (IST) and conclude on Wednesday, April 01, 2026, at 5:00 P.M. (IST). Shareholders and creditors must vote using only one mode (remote e-voting or e-voting at the Meeting).
Additional Information and Access
The full Notice of the Extra-Ordinary General Meeting, the Explanatory Statement, and supporting Annexures (1 through 9), which contain crucial details regarding the Demerged Company and the Resulting Company, have been uploaded to the Company’s website, www.narayanahealth.org. Physical copies of the documents are available upon written request.
Source: BSE
