NCLT Issues Order on Apollo Hospitals Arrangement Scheme, Sets Meeting Dates for Creditors and Shareholders
Apollo Hospitals Enterprise Limited announced that the National Company Law Tribunal (NCLT), Division Bench - II, Chennai, has passed an order providing for the convening of meetings for stakeholders involved in its proposed composite scheme of arrangement. The order, dated April 15, 2026, pertains to the application jointly filed by Apollo Hospitals Enterprise Limited, Apollo Healthco Limited, Keimed Private Limited, and Apollo Healthtech Limited.The proposed scheme involves the involved companies, including Apollo Hospitals Enterprise Limited, Apollo Healthco Limited, Keimed Private Limited, and Apollo Healthtech Limited, along with their respective shareholders and creditors. The NCLT order provides guidelines for the consideration and approval of the Scheme by meeting the secured creditors, unsecured creditors, and equity shareholders of the concerned companies.
The Tribunal's order, which covers applications related to the arrangement, allowed the applications seeking modifications to the proposed meeting dates for various stakeholders.
The order details modified dates for several scheduled meetings:
| Stakeholder Group | Company | Event Type | Original Date | Modified Date |
|---|---|---|---|---|
| Secured Creditors | Apollo Healthco Limited (Applicant Company 1) | Meeting | N/A | May 27, 2026, at 10:00 AM |
| Unsecured Creditors | Apollo Healthco Limited (Applicant Company 1) | Meeting | N/A | May 27, 2026, at 11:00 AM |
| Equity Shareholders | Apollo Healthco Limited (Applicant Company 1) | Meeting | N/A | May 27, 2026, at 2:30 PM |
| Unsecured Creditors | Keimed Private Limited (Applicant Company 2) | Meeting | N/A | May 26, 2026, at 10:00 AM |
| Unsecured Creditors | Apollo Healthtech Limited (Applicant Company 3) | Meeting | N/A | May 26, 2026, at 3:00 PM |
Apollo Hospitals Enterprise Limited confirmed that the Scheme remains subject to the necessary approval of the shareholders and creditors of the participating companies, as applicable. This includes the receipt of necessary statutory and regulatory approvals, including the final sanction of the Tribunal, and all other terms set out in the Scheme.
APOLLOHOSP Stock Price Movement
On Friday, Apollo Hospitals Enterprise Limited shares edged higher to close at ₹7699, gaining 2.08% for the session. The stock traded on significant volume of 343,875 shares, achieving a trading range that spanned from ₹7515 to a high of ₹7710.Source:
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