Amalgamation with Dr. Agarwal's Health Care effective Nov 1, 2026; 23:2 share swap ratio fixed

Nclt Scheme FiledStrategic Transactions View source PDF Explain this filing

DRAGARWQ · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-1.3%Reaction day

₹5083.50

prior close

₹5077.50

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.6%+1.3% vs market

Hospital peers, median of 28sector-1.3%+0.1% vs sector

On the reaction day the stock moved 1.3 pts more than Nifty Microcap 250 and 0.1 pts more than its Hospital peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.7

10m

-0.9

15m

-0.8

30m

-1.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.3-2.6+1.3-1.3+0.1

Next day

-3.1-3.6+0.5-2.2-0.9

-0.8-5.8+5.1-4.1+3.3

+1.3-5.5+6.8-1.8+3.1

+3.2-3.8+7.0-1.0+4.2

+0.6pendingpending-0.7+1.3

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15d

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UpDownMarket · Nifty Microcap 250Sector · Hospital peers, median of 28Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Board noted NCLT sanction for amalgamation of Dr. Agarwal's Eye Hospital with Dr. Agarwal's Health Care. All conditions met after filing Form INC-28 with ROC on October 14, 2026. Scheme effective from November 01, 2026 with appointed date of April 01, 2026. Share exchange ratio fixed at 23 equity shares of Dr. Agarwal's Health Care (face value 1 rupee) for every 2 shares of Dr. Agarwal's Eye Hospital (face value 10 rupees). Record date set at November 18, 2026 for determining eligible shareholders.

Likely market impact

Transferor company to dissolve from Nov 1, 2026; holders receive 23 new shares for every 2 held. Hold until Nov 18 record date.