Narayana Hrudayalaya Ltd. — Updates, 25-06-2025: Scheme of Arrangement

Narayana Hrudayalaya Limited has announced a board meeting on the proposed scheme of arrangement involving its subsidiary, Meridian Medical Research & Hospital Ltd. The company received no-objection observation letters from both BSE and NSE for this scheme, which involves amalgamation of Meridian into Narayana Hrudayalaya Ltd. The scheme remains subject to approvals from statutory authorities and shareholders. NSE’s observation letter outlined detailed disclosure requirements including business rationale, financials, valuation methods, shareholder classifications, and potential benefits and risks. Compliance with all regulatory provisions and transparency in shareholder communications are emphasized ahead of filing with the National Company Law Tribunal.