Narayana Hrudayalaya Limited announced a meeting of shareholders and creditors on January 19, 2026, to approve the amalgamation of Meridian Medical Research & Hospital Ltd. The meeting follows the directions of the Hon’ble National Company Law Tribunal, Bengaluru Bench. Remote e-voting will be available from January 16-18, 2026. The move aims to consolidate healthcare services and enhance efficiency, pending final regulatory approvals.
Amalgamation Scheme Meeting
Narayana Hrudayalaya Limited (the “Company”) will convene a meeting for its Shareholders and Creditors on January 19, 2026. This meeting seeks approval for the proposed amalgamation of Meridian Medical Research & Hospital Ltd. with Narayana Hrudayalaya Limited.
Meeting Details
The meeting, directed by the Hon’ble National Company Law Tribunal, Bengaluru Bench, will take place via video conferencing/ other audio-visual means. Key timings include:
- Equity Shareholders: January 19, 2026, 12:00 Noon
- Secured Creditors: January 19, 2026, 2:00 PM
- Unsecured Loan Creditors: January 19, 2026, 3:00 PM
- Unsecured Trade Creditors: January 19, 2026, 4:00 PM
Remote E-Voting
Remote e-voting will commence on Friday, January 16, 2026, at 9:00 AM (IST), concluding on Sunday, January 18, 2026, at 5:00 PM (IST).
Scheme Rationale
The amalgamation aims to consolidate similar business operations, enhance management efficiency, and streamline processes. It is also expected to strengthen financial stability, improve resource allocation, and maximize shareholder value. The effort seeks to create a more resilient and efficient operational structure.
Source: BSE