Narayana Hrudayalaya Ltd. has informed the Exchange about Approval of the Scheme of Arrangement between NH Integrated Care Private Limited ( Demerged Company/NHIC ), Narayana Hrudayalaya Limited ( Resulting Company/NHL ) and their respective Shareholders and Creditors under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 ( Scheme )
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Narayana Hrudayalaya Ltd. has announced the approval of a Scheme of Arrangement between its subsidiary NH Integrated Care Private Limited (NHIC) as the Demerged Company and Narayana Hrudayalaya Limited (NHL) as the Resulting Company. The scheme is being carried out under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013, involving their respective shareholders and creditors. This is an internal corporate restructuring where the integrated care operations of NHIC are proposed to be merged into the parent entity NHL. No specific share swap ratio or financial details have been disclosed in this filing. The scheme will now move through the formal legal process for implementation.
This is an internal consolidation that streamlines the group's structure by merging the NHIC arm into the listed parent, which could simplify operations and governance. Shareholders should watch for the detailed share entitlement ratio and the effective date once NCLT sanctions the scheme, as it will determine any additional shares to be issued.