Narayana Hrudayalaya Limited has submitted an Affidavit of Service to the stock exchanges, confirming compliance with the directions of the Hon’ble NCLT Bengaluru Bench regarding the amalgamation of its subsidiary, Meridian Medical Research & Hospital Ltd. The affidavit, filed on February 13, 2026, confirms that notices were served to statutory authorities as directed by the NCLT order dated January 30, 2026. The complete filing includes the affidavit, relevant annexures, and acknowledgments for record purposes.
Statutory Filing for Amalgamation Scheme
Narayana Hrudayalaya Limited (the Transferee Company) submitted a formal filing to the BSE Limited and National Stock Exchange of India Limited on February 13, 2026. This submission concerns the Scheme of Amalgamation involving its subsidiary, Meridian Medical Research & Hospital Ltd. (the Transferor Company).
Compliance with NCLT Directives
The filing’s core purpose is to provide the Affidavit of Service, which officially confirms that the required notices have been dispatched to various statutory and regulatory authorities. This action is in direct compliance with the orders issued by the Hon’ble National Company Law Tribunal (NCLT), Bengaluru Bench, specifically referencing the order dated January 30, 2026.
Documentation Enclosed
The submission includes the complete set of documents required by the Tribunal, consisting of:
- The primary Affidavit proving the service of notice to Statutory Authorities and newspaper publication (Pages 1-5).
- A copy of the NCLT Order dated January 30, 2026 (Annexure 1, Pages 6-7).
- Proof of service (post acknowledgements and tracking reports) for Petitioner Company No. 1/ Transferor Company (Annexure 2, Pages 8-32).
- Proof of service (post acknowledgements and tracking reports) for Petitioner Company No. 2/ Transferee Company (Annexure 3, Pages 33-59).
- Copies of the advertisements published in “Business Standard” and “Kannada Prabha” on February 7, 2026 (Annexure 4, Pages 60-61).
Service Detail Summary
The Affidavit of Service, sworn by R. Inbaraju, confirms service to numerous authorities including the Regional Director (South East Region), Registrar of Companies, Official Liquidator, and Income Tax Authorities via registered post on February 7, 2026. Furthermore, notices were served to the stock exchanges (BSE and NSE) and the Reserve Bank of India on the same date. The Tribunal’s next hearing date, as noted in the NCLT Order (Annexure 1), is scheduled for February 27, 2026.
It was also noted that the Petitioner Companies are exempt from issuing notice of Combination to the Competition Commission of India, referencing exemptions provided under Ministry of Corporate Affairs notifications.
Source: BSE
