Apollo Hospitals Receives BSE Observation Letter for Scheme of Arrangement

Apollo Hospitals Enterprise Limited has received an observation letter from the Bombay Stock Exchange (BSE) regarding its proposed composite scheme of arrangement. The scheme involves Apollo Hospitals, Apollo Healthco, Keimed Private Limited, and Apollo Healthtech Limited, along with their respective stakeholders. The observation letter, dated December 24, 2025, acknowledges compliance with applicable provisions and enables the company to proceed with the next steps in the scheme.

Scheme of Arrangement Progress

Apollo Hospitals Enterprise Limited has received an observation letter from the BSE concerning the proposed composite scheme of arrangement. The intimation was made on December 24, 2025.

Details of the Scheme

The scheme involves multiple entities:

  • Apollo Hospitals Enterprise Limited
  • Apollo Healthco Limited
  • Keimed Private Limited
  • Apollo Healthtech Limited

The scheme addresses the arrangement amongst the companies and their respective shareholders and creditors.

BSE Observation

The observation letter from the BSE indicates that the exchange has reviewed the scheme and provided its observations. Apollo Hospitals will need to address comments made by SEBI to proceed, and has been advised to note the conditions. The observation from BSE was received on December 24, 2025.

Next Steps

Apollo Hospitals is taking steps to comply with applicable provisions and will proceed with the next stages of the Scheme. The company’s announcement confirms its commitment to complying with applicable regulations.

BSE Requirements

The company must do the following:

  • Disclose all details of ongoing adjudication & recovery proceedings, prosecution initiated, and all other enforcement action taken, if any, against the listed entity, its promoters and directors, before Hon’ble NCLT and shareholders, while seeking approval of the scheme.

  • Ensure that additional information, if any, submitted by the listed entity after filing the scheme with the Stock Exchange, from the date of receipt of this letter, is displayed on the websites of the listed Company and the Stock Exchanges.

Source: BSE

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