Notice convening meeting of unsecured creditors of the Company pursuant to the orders of National Company Law Tribunal, chennai
APOLLOHOSP · price
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Apollo Hospitals Enterprise Limited has called a meeting of its unsecured creditors on June 24, 2026 to approve a composite scheme of arrangement. The scheme involves: (1) demerger of the Identified Business Undertaking from Apollo Hospitals into Apollo Healthtech Limited (Resultant Company), (2) amalgamation of Apollo Healthco Limited (Transferor Company 1) into the Resultant Company, and (3) amalgamation of Keimed Private Limited (Transferor Company 2) into the Resultant Company. Upon completion, the Resultant Company will be renamed to Apollo Healthco Limited and listed on BSE and NSE. The demerger includes a share entitlement ratio for eligible shareholders. Voting will take place via remote e-voting from June 20-23, 2026, and requires approval by 3/4th majority in value of unsecured creditors.
Shareholders should note this is a significant corporate restructuring creating a separate listed entity for the identified business. The demerger will dilute Apollo Hospitals' ownership in the new entity while giving shareholders proportional equity in the Resultant Company. This may create near-term volatility but offers value unlock potential.