The National Company Law Tribunal (NCLT), Hyderabad Bench, has reserved its order regarding the scheme of amalgamation between Medinova Diagnostic Services Limited and Vijaya Diagnostic Centre Limited. The decision follows a hearing held on September 26, 2025. The amalgamation has an effective appointed date of April 1, 2024 and the order sheet is available on the NCLT website.
Amalgamation Scheme Update
Vijaya Diagnostic Centre Limited announces that the Hon’ble National Company Law Tribunal, Hyderabad Bench, has reserved its order concerning the proposed amalgamation of Medinova Diagnostic Services Limited with Vijaya Diagnostic Centre Limited. This update follows the hearing conducted on Friday, September 26, 2025.
Key Details of the Amalgamation
The scheme, filed under Sections 230 to 232 of the Companies Act, 2013, involves the amalgamation of Medinova Diagnostic Services Limited (Transferor Company) into Vijaya Diagnostic Centre Limited (Transferee Company), along with their respective shareholders and creditors. The amalgamation is proposed on a going concern basis, with an appointed date of April 01, 2024.
NCLT Order and Next Steps
The attendance-cum-order sheet from the NCLT, indicating the “Orders Reserved” status, has been uploaded to the NCLT’s website. While the website copy is available, the certified true copy of the order is still awaited. Once received, the certified copy will be submitted to the Exchanges.
Source: BSE
