Shareholders of Dr. Agarwals Health Care Ltd Approve Scheme of Amalgamation with Dr. Agarwal's Eye Hospital Limited
The equity shareholders of Dr. Agarwals Health Care Limited successfully concluded the convened meeting regarding the Scheme of Amalgamation involving the company and its subsidiary, Dr. Agarwal's Eye Hospital Limited. The meeting was held on July 02, 2026, at The Music Academy in Chennai.The purpose of the gathering was to have the shareholders consider and approve the Scheme of Amalgamation of Dr. Agarwal's Eye Hospital Limited with Dr. Agarwals Health Care Limited, along with their respective shareholders and creditors. Members were informed that detailed material information regarding the Resolution, including the rationale for the Scheme, had been set out in the Notice of the Meeting.
The meeting was conducted under the direction of Shri L N Gupta, who chaired the proceedings. Mr Thanikainathan Arumugam, Company Secretary and Compliance Officer, welcomed the equity shareholders to the event.
Shareholder Attendance Details
As recorded on June 03, 2026, the company had a total of 43,122 registered shareholders. The attendance figures for the meeting were as follows:| Category | Promoters and Promoter Group | Public | Total |
|---|---|---|---|
| No. of Shareholders present in the meeting (in person or through proxy) | 17 | 30 | 47 |
The Chairperson noted that the requisite quorum, defined as 30 equity shareholders by the NCLT, was met at the start of the meeting.
Voting and Conclusion
Following presentations and a question period where members sought clarifications on the Scheme of Amalgamation, the voting process commenced. The company informed attendees that voting would be conducted through both e-voting (at the venue) and via polling paper for valid proxy holders.Members who had not utilized remote e-voting cast their votes at the provided e-voting facility. Proxy holders deposited their polling papers in the designated box.
The Chairperson subsequently announced that voting was closed. The meeting concluded at 01:15 P.M., and the Scrutinizer, Shri Shivam Parashar, was requested to consolidate all results and submit a report.
AGARWALEYE Stock Price Movement
Today, shares of Dr. Agarwal's Health Care Limited rallied, closing at ₹476.60 after gaining 2.21%. The stock traded during the session within a range defined by a low of ₹467.90 and a high of ₹479.85.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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