Apollo Hospitals Enterprise Limited has informed the Exchange about General Updates
APOLLOHOSP · price
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Apollo Hospitals Enterprise Limited has published newspaper advertisements notifying shareholders and creditors about NCLT-convened meetings scheduled for June 2026 to approve a Composite Scheme of Arrangement. The scheme involves demerger of Apollo Hospitals into four entities: Apollo Hospitals Enterprise Limited (Demerged Company), Apollo Healthco Limited (Transferor 1), Keimed Private Limited (Transferor 2), and Apollo Healthtech Limited (Resultant Company). Meetings are scheduled for secured creditors on June 24 at 10:00 AM, unsecured creditors on June 24 at 11:00 AM, and equity shareholders on June 24 at 2:30 PM, all via VC/OAVM. Remote e-voting opens June 20, 2026 and closes June 23, 2026. The scheme requires approval from 75% in value of voting creditors/shareholders, plus separate approval from public shareholders as per SEBI regulations.
Shareholders should note this is a significant corporate restructuring that could affect Apollo's business structure and potentially create value by separating different business verticals. The outcome of these meetings will determine whether the demerger proceeds, which may impact the company's future earnings structure and shareholder value.