Narayana Hrudayalaya Limited’s Board has approved a scheme of arrangement for the demerger of its subsidiary, NH Integrated Care Private Limited (NHIC). The demerger involves transferring the Clinical Services undertaking of NHIC to Narayana Hrudayalaya (NHL). This move aims to sharpen the focus on preventive healthcare and streamline operations. The effective date is set for April 1, 2025, pending regulatory approvals.
Demerger of NH Integrated Care
The Board of Directors of Narayana Hrudayalaya Limited (NHL) has approved a scheme of arrangement concerning NH Integrated Care Private Limited (NHIC). The decision, made on December 12, 2025, outlines a plan to demerge NHIC’s Clinical Services undertaking into NHL.
Strategic Rationale
The primary goal is to enable NHIC to focus exclusively on its preventive healthcare business, specifically the ‘Narayana Aarogyam’ platform. By separating the Clinical Services, NHL expects to achieve greater operational efficiencies and enhance shareholder value. The demerger will consolidate administrative and support functions and optimize the deployment of medical specialists.
Key Details of the Scheme
The Clinical Services undertaking to be demerged consists of 10 clinics located in Bengaluru. The turnover of the demerged undertaking for the year ended March 31, 2025, was Rs. 39.94 crore, representing 1.11% of NHL’s total standalone turnover. The appointed date for the scheme is April 1, 2025.
Looking Ahead
The demerger is subject to statutory and regulatory approvals, including approval from the National Company Law Tribunal (NCLT). The Company anticipates that the streamlined structure will improve resource efficiency and facilitate unified patient care pathways. The meeting concluded at 5:25 PM IST. There will be no change in the shareholding pattern as NHIC is a wholly owned subsidiary.
Source: BSE