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Narayana Hrudayalaya Ltd. ( (IN:NH) ) just unveiled an announcement.
Narayana Hrudayalaya Ltd. has announced the receipt of observation letters from both BSE Limited and the National Stock Exchange of India, indicating ‘no adverse observations’ and ‘no objection’ respectively, for its proposed Scheme of Arrangement with its subsidiary, Meridian Medical Research & Hospital Ltd. This development marks a step forward in the amalgamation process, although the scheme still requires further statutory and regulatory approvals, including from the National Company Law Tribunal and the company’s shareholders and creditors.
More about Narayana Hrudayalaya Ltd.
Narayana Hrudayalaya Ltd. operates in the healthcare industry, focusing on providing medical services through its network of hospitals and healthcare facilities. The company is known for its affordable healthcare solutions and has a significant presence in the Indian healthcare market.
Average Trading Volume: 38,159
Current Market Cap: 405.9B INR
See more data about NH stock on TipRanks’ Stock Analysis page.