Announced Fri, 3 Apr · 19:01 IST

Narayana Hrudayalaya Ltd. has submitted the Exchange a copy Srutinizer's report of General Meeting of the Equity Shareholders of the Company held on April 02, 2026 pursuant to the Order dated Feb 13, 2026 by the Hon'ble NCLT, Bengaluru. Further, the company has informed the Exchange regarding voting results.

Nclt Scheme FiledStrategic Transactions View source PDF

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AI summary

Narayana Hrudayalaya has submitted the Scrutinizer's Report and voting results from NCLT-convened meetings of equity shareholders, secured creditors, and unsecured creditors held on April 2, 2026. The meetings, directed by the NCLT Bengaluru order dated February 13, 2026, considered the Scheme of Arrangement between NH Integrated Care Pvt. Ltd. (Demerged Company) and Narayana Hrudayalaya Ltd. (Resulting Company) under Sections 230-232 of the Companies Act, 2013. Equity shareholders approved the resolution with 99.9999% votes in favor (16.19 crore out of 16.20 crore shares polled; 79.25% polling). Secured creditors (5) voted 100% in favor with 8,38,09,44,465 vote value, and unsecured creditors (14) voted 100% in favor with 3,71,29,56,371 vote value. All three resolutions were passed with the requisite majority, paving the way for NCLT sanction of the demerger scheme.

Likely market impact

The near-unanimous approval by shareholders and creditors clears a major regulatory milestone for the demerger of NH Integrated Care into Narayana Hrudayalaya. The scheme now awaits final NCLT sanction, after which the merger will become effective — likely simplifying the group structure. Shareholders may see a more streamlined listed entity, though any share-swap ratio and the effective date are still pending NCLT approval.