Zenith Healthcare board approves amalgamation of Achyut Healthcare
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Zenith Healthcare board on July 14, 2026 approved amalgamation of Achyut Healthcare (same group, APIs and pharma trading) into Zenith Healthcare (pharma manufacturer). Achyut has total assets of INR 3809.44 lakhs and turnover of INR 1197.15 lakhs; Zenith has total assets of INR 1098.59 lakhs and turnover of INR 1093.65 lakhs. Share exchange ratio fixed at 119 Zenith shares for every 50 Achyut shares, no cash consideration. Post amalgamation, promoter holding in Zenith will rise from 28.74 percent to 45.80 percent. Scheme subject to NCLT, BSE and shareholder approvals.
Achyut shareholders get Zenith shares at 119:50 ratio; Zenith promoter stake rises to 45.80 percent; awaiting NCLT, BSE and shareholder approvals.