tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Narayana Hrudayalaya Shareholders and Creditors Clear Scheme of Arrangement with Meridian Medical Research & Hospital

Story Highlights
  • Narayana Hrudayalaya disclosed voting results from NCLT-convened meetings of shareholders and creditors.
  • Stakeholders overwhelmingly approved the Scheme of Arrangement with Meridian Medical Research & Hospital Ltd.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Narayana Hrudayalaya Shareholders and Creditors Clear Scheme of Arrangement with Meridian Medical Research & Hospital

Claim 50% Off TipRanks Premium

Narayana Hrudayalaya Ltd. ( (IN:NH) ) has provided an announcement.

Narayana Hrudayalaya Limited has reported the voting results and Scrutinizer’s Report for National Company Law Tribunal-convened meetings of its equity shareholders, secured creditors, unsecured loan creditors and unsecured trade creditors held on 19 January 2026 via video conferencing, in line with SEBI disclosure requirements. The stakeholders overwhelmingly approved a special resolution for a Scheme of Arrangement between Meridian Medical Research & Hospital Ltd as transferor company and Narayana Hrudayalaya Limited as transferee company under Sections 230–232 of the Companies Act, 2013, with near-unanimous e-voting support across promoter, institutional and non-institutional categories; the outcome, now disclosed to stock exchanges and on the company and NSDL websites, clears a key procedural hurdle for the proposed restructuring, potentially strengthening Narayana Hrudayalaya’s hospital portfolio and consolidating its presence in the healthcare services market, subject to remaining regulatory and tribunal approvals.

More about Narayana Hrudayalaya Ltd.

Narayana Hrudayalaya Limited, which operates under the Narayana Health brand, is a listed Indian healthcare provider running multi-speciality hospitals and heart centres. The company focuses on delivering affordable tertiary and quaternary care across India and has an expanding network that serves a broad base of patients, supported by institutional and retail shareholders and various secured and unsecured creditors.

Average Trading Volume: 55,050

Technical Sentiment Signal: Buy

Current Market Cap: 380.3B INR

For detailed information about NH stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1