NCLT amalgamation scheme effective Nov 1; share swap ratio 23:2; record date Nov 18

Scheme filed with the NCLTStrategic Transactions View source PDF Explain this filing

AGARWALEYE · price

Loading chart…

▲ 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

-0.4%Reaction day

₹468.00

prior close

₹468.25

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.6%+2.2% vs market

Hospital peers, median of 28sector-1.3%+0.9% vs sector

On the reaction day the stock moved 2.2 pts more than Nifty Microcap 250 and 0.9 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

-1.2

10m

-1.0

15m

-0.9

30m

-1.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.4-2.6+2.2-1.3+0.9

Next day

+0.4-3.6+4.0-2.4+2.8

+1.5-5.8+7.3-4.1+5.6

+1.5-5.5+7.0-1.8+3.3

+1.6-3.8+5.5-1.0+2.6

+1.8-3.8+5.6-0.7+2.5

+8.1-5.6+13.7-0.8+9.0

15d

—————

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

Dr. Agarwal's Health Care informed that NCLT Chennai has sanctioned the amalgamation of Dr. Agarwal's Eye Hospital into itself. Scheme effective from Nov 1, 2026, with appointed date of Apr 1, 2026. Share exchange ratio fixed at 23 equity shares of Rs 1 each of Dr. Agarwal's Health Care for every 2 equity shares of Rs 10 each held in Dr. Agarwal's Eye Hospital. Record date for eligible shareholders is Nov 18, 2026. Authorised equity capital rises from 54.2 crore to 74.2 crore shares of Rs 1 each.

Likely market impact

Eligible shareholders of Dr. Agarwal's Eye Hospital will receive 23 shares of Dr. Agarwal's Health Care for every 2 held. New shares to be allotted post record date.