Announced Mon, 13 Jul · 17:38 IST

Postal Ballot: Director appointment, SIGPL acquisition, office shift to Maharashtra

Management Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+10.2%1-day move
₹89.90
prior close
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+10.2+15.7+21.5+27.6+34.0+47.7
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AI summary

Arvaya Healthcare (formerly Bijoy Hans) postal ballot, e-voting Jul 15 to Aug 13, 2026. Items: regularisation of Mr Bidari Kotresh Anilkumar as Executive Director for 3 years; 100% acquisition of Sushodha Institute of Gastroenterology (SIGPL) for about Rs 15.49 crore via share swap of 38.71 lakh shares at Rs 40 each, making SIGPL a wholly-owned subsidiary; ratification of CA certificate for name change; shifting registered office from Assam to Maharashtra.

Likely market impact

Share swap will dilute shareholders via 38.71 lakh new shares. Also covers new executive director and office shift to Maharashtra. Vote results by Aug 17.