Secured Creditors Approve Amalgamation Scheme of Dr. Agarwal's Health Care Limited
The resolution for the scheme of amalgamation between Dr. Agarwal's Eye Hospital Limited and Dr. Agarwal's Health Care Limited has been duly approved by the secured creditors of Dr. Agarwal's Health Care Limited. The approval was confirmed following a meeting of secured creditors held on July 02, 2026.The company convened the meeting to seek approval for the amalgamation scheme involving both Dr. Agarwal's Eye Hospital Limited and Dr. Agarwal's Health Care Limited. The voting processes included remote e-voting, e-voting at the venue, and polling via proxies.
The combined scrutiny of all voting methods indicated a successful approval of the proposed arrangement by the secured creditors, meeting the requisite majority under the applicable provisions.
Combined Voting Results
Based on reports generated from the e-voting portal, the consolidated results for the resolution were as follows:| Particulars | No of members Voted | No.of valid Votes cast | No of members Voted in Favour | No.of Votes cast in Favor | No of member Voted against | No.of Votes cast Against | Percentage of total votes cast |
|---|---|---|---|---|---|---|---|
| Remote e-voting | 3 | 738,350,533 | 3 | 738,350,533 | Nil | Nil | 100% |
| E-voting at the Meeting | nil | nil | nil | ||||
| Polls | nil | nil | nil | ||||
| Total | 3 | 738,350,533 | 3 | 738,350,533 | Nil | Nil | 100% |
The secured creditors meeting was held physically at The Music Academy in Chennai. Creditors who were recorded as such in the company’s records as of December 31, 2025, were eligible to vote through remote e-voting, polling papers, or E-voting at the venue.
Resolution Approval Status
The Scrutinizer's Consolidated Report confirmed that the resolution proposing the amalgamation scheme was approved by a majority of the secured creditors.The resolution stood approved subject to fulfilling conditions, including:
1. Approval by a majority of the secured creditors exercising voting rights representing three-fourths in value held by them and voting through remote e-voting and e-voting at the Meeting.
Upon satisfaction of this requirement, the resolution is deemed approved by the secured creditors as of July 02, 2026.
AGARWALEYE Stock Price Movement
On Thursday, shares of Dr. Agarwal's Health Care Limited rallied, closing at ₹476.6 after gaining 2.21% in trading. The stock saw a total traded volume of 66,499 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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