Apollo Hospitals Completes Scheme Arrangement Proceedings Following NCLT Order

Apollo Hospitals Completes Scheme Arrangement Proceedings Following NCLT Order​

Apollo Hospitals Enterprise Limited announced on May 8, 2026, that it received the certified true copy of an order dated May 5, 2026, from the National Company Law Tribunal (NCLT), Chennai Bench. The order pertains to the proposed composite scheme of arrangement involving the Company and three related entities.

The scheme of arrangement, which was jointly filed by Apollo Hospitals Enterprise Limited, Apollo Healthco Limited, Keimed Private Limited, and Apollo Healthtech Limited, aims to restructure operations under the provisions of the Companies Act, 2013. The parties involved in the scheme are:

• Apollo Hospitals Enterprise Limited (The Company)
• Apollo Healthco Limited (Transferor Company 1)
• Keimed Private Limited (Transferor Company 2)
• Apollo Healthtech Limited (Resultant Company)

The NCLT order addresses modifications to the dates for convening meetings required under the composite scheme arrangement application CA (CAA)/8 (CHE) 2026.

Key Modifications to Meeting Dates​

The Tribunal allowed changes to the previously scheduled dates for the various stakeholder meetings related to the scheme.

The modifications were issued across three main applications heard during the session:

1. Secured Creditors Meeting (IA(COMPANIES.ACT)/120(CHE)2026)
The meeting dates for Secured Creditors were modified as follows:


2. Unsecured Creditors Meeting (IA(COMPANIES.ACT)/129(CHE)2026)
The date for the Unsecured Creditors meeting was updated to:


3. Unsecured Creditors Meeting (IA(COMPANIES.ACT)/119(CHE)2026)
The date for the Unsecured Creditors meeting in this application was changed to:


The NCLT observed that while applications were filed seeking changes in meeting dates, the quorum rules for all meetings remain intact and cannot be changed, as established by a previous order.

Apollo Hospitals Enterprise Limited confirmed the receipt of the NCLT order, which confirms the modified schedules for progressing with the composite scheme of arrangement.

APOLLOHOSP Stock Price Movement​

Today, Apollo Hospitals Enterprise Limited shares edged higher, settling at ₹8097 after rallying 3.42% on robust institutional buying. The equity's performance was notable, hitting an annual high of ₹8115 and witnessing a total traded volume of 922,866 shares.