The National Company Law Tribunal (NCLT), Hyderabad Bench, has approved the Scheme of Amalgamation between Medinova Diagnostic Services Limited and Vijaya Diagnostic Centre Limited. This decision, dated October 13, 2025, facilitates the merger of the two entities, streamlining operations and enhancing shareholder value. The ‘Appointed Date’ for the scheme is April 01, 2024.
Amalgamation Sanctioned
The National Company Law Tribunal (NCLT), Hyderabad Bench, has passed an order sanctioning the Scheme of Amalgamation between Medinova Diagnostic Services Limited (“MDSL”) and Vijaya Diagnostic Centre Limited (“VDCL”), as per the order dated October 13, 2025. This follows an earlier communication on September 29, 2025.
Key Dates & Implementation
The final order was pronounced on October 13, 2025, and is accessible on the NCLT website as of October 16, 2025. The ‘Appointed Date’ for the Scheme is April 01, 2024. The Effective Date will be determined once the certified true copy of the NCLT order, along with the certified true copy of the Scheme, are filed with the Registrar of Companies, Hyderabad.
Next Steps
The company is currently obtaining the certified true copy of the NCLT order and will notify the Stock Exchanges upon receipt. Further updates, including the effective date, will be communicated to the stock exchange(s) for further public dissemination as the scheme becomes effective.
Source: BSE