Apollo Hospitals Enterprise Limited has informed the Exchange regarding Notice of Court Convened General Meeting to be held on Jun 24, 2026
APOLLOHOSP · price
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Apollo Hospitals Enterprise Limited has called a shareholder meeting on June 24, 2026 to approve a composite scheme of arrangement. The scheme involves demerging the Identified Business Undertaking from Apollo Hospitals into Apollo Healthtech Limited (Resultant Company). Additionally, Apollo Healthco Limited and Keimed Private Limited will amalgamate into the Resultant Company. The Resultant Company will be renamed Apollo Healthco Limited and listed on BSE and NSE. Apollo Hospitals shareholders will receive shares in the Resultant Company based on the Demerger Share Entitlement Ratio recommended by valuation reports from KPMG and BDO. BSE and NSE have already issued observation letters (December 2025), and NCLT Chennai has passed orders dated March 26, April 15, and May 5, 2026. Remote e-voting will be open from June 20-23, 2026.
If approved by shareholders and NCLT, Apollo Hospitals will demerge a portion of its business into a newly listed entity. Existing shareholders of Apollo Hospitals will receive shares in the listed Resultant Company, potentially creating value through separate valuations of the demerged and retained businesses.