APOLLOHOSP · price
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Apollo Hospitals Enterprise Ltd has published newspaper notices for NCLT-convened meetings to vote on a Composite Scheme of Arrangement. The scheme involves Apollo Hospitals (Demerged Company), Apollo Healthco Limited (Transferor 1), Keimed Private Limited (Transferor 2), and Apollo Healthtech Limited (Resultant Company). Meetings for Secured Creditors, Unsecured Creditors, and Equity Shareholders are scheduled for June 24, 2026 at 10:00 AM, 11:00 AM, and 2:30 PM respectively via VC/OAVM. Remote e-voting runs from June 20-23, 2026. The scheme requires 3/4 majority approval by value from each class. Public shareholders must vote more in favour than against. Notice dispatch and scheme documents were completed on May 21, 2026. Results will be announced within 2 working days after the meeting.
Shareholders should note this is a significant corporate restructuring that may affect Apollo Hospitals' business structure and shareholding pattern. Approval of this demerger scheme would create separate entities, potentially impacting stock valuations and shareholder proportions. Investors should review the scheme documents before voting.