Narayana Hrudayalaya has successfully secured overwhelming approval from its equity shareholders, secured creditors, and unsecured creditors for the proposed Scheme of Arrangement. Held on April 2, 2026, through video conferencing, the meetings confirmed the restructuring plan involving NH Integrated Care Private Limited. The resolution received near-unanimous support across all voting classes, marking a significant milestone in the company’s strategic realignment process as it moves toward final implementation.
Shareholder Approval Details
During the meeting held on April 2, 2026, equity shareholders overwhelmingly approved the Scheme of Arrangement. The voting process, which included both remote e-voting and e-voting at the meeting, saw a total of 16,19,59,684 votes cast, representing a participation rate of 79.25% of the outstanding shares. Remarkably, 99.99% of the votes cast were in favour of the resolution, signaling strong confidence in the corporate restructuring plan.
Creditor Support
The company also conducted successful meetings with its Secured and Unsecured Creditors. For the secured creditors, 100% of the 8,38,09,44,465 votes cast supported the proposal. Similarly, unsecured creditors demonstrated full consensus, with 100% of the 3,71,29,56,371 votes cast favoring the scheme. This high level of support ensures that the transition between the demerged company, NH Integrated Care Private Limited, and the resulting company, Narayana Hrudayalaya Limited, can proceed as planned.
Next Steps for Implementation
Following this approval, the company will now focus on the formalization of the Scheme of Arrangement. The board has been authorized to manage the remaining legal and operational processes to ensure the effective transfer of assets and liabilities. This strategic move is expected to streamline corporate structures and improve organizational efficiency as the company continues its expansion efforts.
Source: BSE
