Meeting Details

The NCLT-convened Meeting of the Secured Creditors of Dr. Agarwal's Health Care Limited was held on Thursday, July 02, 2026, at 03:00 P.M. (IST) at The Music Academy, T.T.K. Road, Chennai - 600 014. The meeting had facilities for remote e-voting, e-voting at the venue, and voting via polls.

Voting Process and Administration

Shri Shivam Parashar was appointed as Scrutinizer by the Hon'ble NCLT vide order dated May 05, 2026. The Company engaged National Securities Depository Limited (NSDL) to provide the e-voting facilities. The remote e-voting period commenced on Sunday, June 07, 2026, at 09:00 A.M. (IST) and concluded on Wednesday, July 01, 2026, at 05:00 P.M. (IST).

Eligibility and Participation

The cut-off date for determining voting eligibility was Wednesday, December 31, 2025. Only secured creditors recorded in the company's books as of this date were entitled to vote. The meeting was attended by 2 secured creditors physically, meeting the quorum requirement of 1 secured creditor personally present or through valid proxies.

Voting Results

The combined voting results are as follows:

Remote e-voting & E-voting at Meeting:

  • Number of creditors voted: 3
  • Value of votes cast: ₹738,350,533
  • Votes in favor: 3 creditors representing ₹738,350,533
  • Votes against: Nil
  • Percentage in favor: 100%

Polls (Proxy Voting):

  • No votes were cast through polls

Total Results:

  • Total creditors voted: 3
  • Total value voted: ₹738,350,533
  • Total in favor: 3 creditors representing ₹738,350,533 (100%)
  • Total against: Nil
  • No invalid votes were recorded

Resolution Approval

The resolution for approval of the Scheme of Amalgamation was passed by the requisite majority of secured creditors, satisfying the requirement of approval by a majority representing three-fourths in value of the debt held by voting creditors.

Document Custody

The electronic voting data and relevant records were handed over to Mr. Thanikainathan Arumugam, Company Secretary and Compliance Officer of the Company for safekeeping after the meeting.

Financial Impact

Financial impact not quantified in the disclosure. The approval represents a procedural milestone in the amalgamation process, pending final sanction from the NCLT.