Dr. Agarwal's Health Care Limited — JV/Acquisition, 01-06-2026: Amalgamation/Merger
01-06-2026 | 12:27 pm
01-06-2026 | 12:27 pm
Dr. Agarwal's Eye Hospital (AEHL) will merge into Dr. Agarwal's Health Care (AHCL) to boost efficiency, streamline operations, and enhance shareholder value. The plan involves issuing 23 AHCL shares (INR 1 each) for every 2 AEHL shares (INR 10 each). This will dilute existing AHCL promoter holding by ~1.48%, increasing public float. The NCLT has ordered meetings on July 02, 2026, for shareholders and creditors to vote on the merger. The Board has backed this scheme, expecting EPS accretion from year one.
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