Dr. Agarwal’s Health Care Limited has received the official order from the National Company Law Tribunal to proceed with its proposed amalgamation with Dr. Agarwal’s Eye Hospital Limited. The company has scheduled formal meetings for shareholders and creditors to consider the scheme on July 2, 2026. This development marks a significant milestone in the consolidation process between the two entities, subject to final regulatory approvals.
Upcoming Meetings for Amalgamation
Following the receipt of the formal order, the company is set to conduct meetings for its equity shareholders, secured creditors, and unsecured creditors. These meetings are scheduled to take place on July 2, 2026. The primary objective of these sessions is to review, discuss, and potentially approve the scheme of amalgamation involving Dr. Agarwal’s Health Care Limited and Dr. Agarwal’s Eye Hospital Limited.
Next Steps in the Consolidation Process
The company confirmed that the order was formally uploaded on the tribunal’s website on May 11, 2026. While the process has reached this critical juncture, the overall scheme remains contingent upon receiving all necessary statutory and regulatory clearances. Further details, including formal notices and documentation for the July meetings, will be shared with the relevant stakeholders and stock exchanges in due course.
Source: BSE