Corporate News
Dr. Agarwal’s Health Care Limited announced that the Scheme of Amalgamation between Dr. Agarwal’s Eye Hospital Limited and Dr. Agarwal’s Health Care Limited has become effective from November 1, 2026, with an Appointed Date of April 1, 2026, following the filing of the National Company Law Tribunal order with the Registrar of Companies in Chennai on October 15, 2026. The board also approved the reclassification of Dr. Agarwal’s Eye Hospital Limited’s authorized share capital of 20,00,00,000 Equity Shares of Rs 1 face value and its subsequent combination with Dr. Agarwal’s Health Care Limited’s authorized share capital, increasing the latter’s total authorized capital to Rs 110 crore. Additionally, November 18, 2026, has been fixed as the Record Date for allotment of consideration shares to eligible shareholders of Dr. Agarwal’s Eye Hospital Limited, with a share exchange ratio of 23 shares of Dr. Agarwal’s Health Care Limited for every 2 shares of Dr. Agarwal’s Eye Hospital Limited.