Fortis Healthcare Limited announced that its composite scheme of arrangement for a merger by absorption has officially taken effect on March 1, 2026. This restructuring involves the absorption of four wholly-owned subsidiaries into Fortis Hospitals Limited (FHsL). The company confirmed the filing of the certified NCLT orders with the Registrar of Companies, concluding the statutory requirements for the merger.
Finalization of Composite Merger Scheme
Fortis Healthcare Limited has confirmed the successful culmination of its proposed Scheme of Arrangement, which involves a merger by absorption. The effective date for this corporate restructuring was March 1, 2026, following the necessary approvals.
Entities Involved in Absorption
The restructuring exercise saw the absorption of the following four wholly-owned subsidiaries into Fortis Hospitals Limited (FHsL):
- Fortis Emergency Services Limited (FESL)
- Fortis Cancer Care Limited (FCCL)
- Fortis Health Management (East) Limited (FHMEL)
- Birdie & Birdie Realtors Private Limited (B&B)
Regulatory Compliance Confirmation
The final step for bringing the Scheme into effect was completed on March 1, 2026, at 3:00 P.M. (IST). On this date, the Company filed the certified copy of the orders issued by both the Hon’ble National Company Law Tribunal, Delhi Bench and the Hon’ble National Company Law Tribunal, Chandigarh Bench, with the Registrar of Companies using Form INC-28.
This regulatory filing formally triggered the effective date, meaning the merger by absorption among the named subsidiaries and FHsL, along with their respective shareholders and creditors, is now legally effective as of March 1, 2026.
Source: BSE
