Dr Agarwals Eye Hospital Ltd has scheduled a hearing before the National Company Law Tribunal (NCLT), Chennai Bench, for August 19, 2026, to seek approval for its amalgamation with Dr Agarwal's Health Care Limited. The joint company petition, filed under Sections 230 to 232 of the Companies Act, 2013, was presented on July 15, 2026. The scheme involves the transferor company, Dr Agarwals Eye Hospital Limited, and the transferee company, Dr Agarwal's Health Care Limited, along with their respective shareholders and creditors.

Pursuant to the NCLT's order dated July 15, 2026, the companies published newspaper advertisements in Business Standard and Makkal Kural on July 20, 2026, to intimate the notice of the hearing. The filing was made to BSE Limited under Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Petition Details and Representation

The petition, identified as Company Petition (CAA) No. 57/CHE/2026, is connected with Company Application (CAA) No. 19/CHE/2026. Dr Agarwals Eye Hospital Limited is represented by Ms. Meenakshi Jayaraman, Company Secretary and Compliance Officer, while Dr Agarwal's Health Care Limited is represented by Mr. Thanikaianthan Arumugam, Company Secretary and Compliance Officer. Both entities are registered under the Companies Act of 1956 and share the same registered office address in Chennai, Tamil Nadu.

Shareholder and Creditor Participation

Any person desirous of supporting or opposing the petition must send a notice of intention to the advocate of the petitioner companies. The notice, signed by the individual or their advocate, must include the name and address and reach the advocate's office in Chennai no later than two days before the hearing date. Those opposing the petition are required to furnish the grounds of opposition or a copy of their affidavit along with the notice. A copy of the petition is available to any person upon payment of the prescribed charges.

The unsecured creditors of Dr Agarwal's Health Care Limited have approved the Scheme of Amalgamation with Dr Agarwal's Eye Hospital Limited. The resolution was passed during a meeting convened by the Hon'ble National Company Law Tribunal (NCLT), Chennai Bench, on July 02, 2026. The scheme involves the amalgamation of Dr Agarwal's Eye Hospital Limited, acting as the transferor company, with Dr Agarwal's Health Care Limited, the transferee company, under Sections 230 to 232 of the Companies Act, 2013.

The meeting was held at The Music Academy in Chennai, with Shri L.N. Gupta serving as the Chairperson and Shri Shivam Parashar appointed as the Scrutinizer. The requisite quorum was met with the presence of 32 unsecured creditors out of a total of 996 on the record date of December 31, 2025. The approval is subject to the sanction of the NCLT.

Voting Results

The Scrutinizer consolidated the results from remote e-voting, e-voting at the venue, and polling papers. The resolution was approved by the requisite special majority of unsecured creditors.

Meeting Details

Remote e-voting commenced on June 07, 2026, and concluded on July 01, 2026. The physical meeting commenced at 04:45 P.M. (IST) after an initial adjournment due to lack of quorum. The Notice of the Meeting dated June 01, 2026, was sent via electronic mode and published in Business Standard and Makkal Kural.