Announced Thu, 2 Jul · 22:54 IST
Secured Creditors Approve Amalgamation Scheme with Dr. Agarwal's Eye Hospital
AGARWALEYE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.6%1-day move
₹476.00
prior close
₹479.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.2-0.2-0.4-0.8+0.6-1.3+0.4+1.9+0.6+2.3+1.2———
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AI summary
Dr. Agarwal's Health Care informed that at the NCLT-convened meeting of secured creditors held on July 2, 2026 in Chennai, the amalgamation scheme with Dr. Agarwal's Eye Hospital (transferor) was approved. All 3 secured creditors, representing a total voting value of about Rs 73.83 crore, voted 100% in favour. The scheme still requires NCLT sanction and other regulatory approvals.
Likely market impact
Positive progress on the amalgamation. Still awaits NCLT sanction and other approvals before the scheme becomes effective.