Apollo Hospitals Enterprise Limited (APOLLOHOSP) — Corporate Action Announcement
Apollo Hospitals Enterprise Limited announced a Scheme of Arrangement involving the demerger of its subsidiaries and restructuring of share capital, requiring shareholder and creditor approvals. The NCLT convened meetings are scheduled for June 23 and 24, 2026, with voting thresholds set at 75% in value for unsecured creditors and majority approval from shareholders. Shareholders must confirm eligibility by June 17, 2026, to participate in voting via e-voting or in-person attendance. The scheme includes share consolidation at a 1:10 ratio, a ₹500 million buyback, and transfer of shares to a trust for employee benefits. Regulatory approvals from SEBI, NCLT, and BSE are pending, with final sanction contingent on compliance with statutory requirements and majority creditor consent.
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About Apollo Hospitals Enterprise Limited (APOLLOHOSP)
Healthcare · Healthcare Services · Listed on NSE
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