This disclosure pertains to the proceedings of the NCLT-convened meeting of unsecured creditors of Dr. Agarwal's Eye Hospital Limited (the Company) regarding the scheme of amalgamation with Dr. Agarwal's Health Care Limited.
Meeting Details
The meeting was held on Thursday, July 02, 2026 at 11:30 A.M. (IST) at The Music Academy, T.T.K. Road, Chennai – 600 014. The meeting was convened pursuant to the Order dated May 05, 2026 passed by the Hon'ble NCLT, Chennai Bench in Company Application No. CA(CAA)/19/CHE/2026. Shri Kanwal Jeet Arora was appointed as Chairperson for the meeting proceedings.
Creditor Information
The Company had a total of 371 unsecured creditors as of the record date of Wednesday, December 31, 2025. The meeting achieved quorum with 31 unsecured creditors present in person or through proxy, exceeding the prescribed requirement of 30 creditors.
Resolution Considered
The single resolution proposed for consideration was: "To consider and approve the Scheme of Amalgamation of Dr. Agarwal's Eye Hospital Limited (Transferor Company) with Dr. Agarwal's Health Care Limited (Transferee Company) and their respective shareholders and creditors, under Sections 230 to 232 of the Companies Act, 2013." This required a special majority as prescribed under section 230(6) of the Companies Act, 2013.
Voting Process
Voting was conducted through multiple methods: remote e-voting (kept open during the meeting), e-voting at the venue, and polling papers for valid proxy holders. Shri Sriram Ananth served as the Scrutinizer overseeing the voting process. The meeting concluded at 12:05 P.M. (IST).
Documentation
The Notice of the Meeting dated June 01, 2026, along with the Explanatory Statement under Sections 102, 230 and 232 of the Companies Act, 2013, the Scheme of Amalgamation, and other annexures were available for inspection at the meeting.
Additional Information
This information is hosted on the Company's website at https://dragarwals.co.in/dr-agarwals-eye-hospital/#corporate-announcement. The disclosure is signed by Meenakshi Jayaraman, Company Secretary and Compliance Officer of Dr. Agarwal's Eye Hospital Limited.