Key Quantitative Figures & Voting Results

The combined voting results from remote e-voting, e-voting at the meeting, and physical polls are as follows:

  • Total Creditors Voted: 32
  • Total Value of Votes Cast: ₹111,020,428
  • Total Votes in Favor: 32 creditors representing ₹111,020,428
  • Total Votes Against: Nil
  • Invalid Votes: Nil

The resolution was passed with 100% of the votes cast by value and number in favor, satisfying the statutory requirement of approval by a majority representing three-fourths (75%) in value of the creditors present and voting.

Dates of Action

  • NCLT Order Appointing Scrutinizer: May 05, 2026
  • Notice Dispatch Date: June 01, 2026
  • Remote E-Voting Period: June 07, 2026 (9:00 AM IST) to July 01, 2026 (5:00 PM IST)
  • Original Meeting Date & Time: July 02, 2026, at 4:00 PM IST
  • Adjourned Meeting Date & Time: July 02, 2026, at 4:45 PM IST (due to lack of quorum at the first convening)
  • Vote Unblocking and Counting: July 02, 2026, at 5:19 PM IST
  • Result Deemed Passed: July 02, 2026

Parties Involved

  • Companies: Dr. Agarwal's Health Care Limited (Transferee Company), Dr. Agarwal's Eye Hospital Limited (Transferor Company)
  • Regulators: National Company Law Tribunal (NCLT) Chennai Bench, SEBI, BSE Limited, National Stock Exchange of India Limited (NSE)
  • Service Providers: National Securities Depository Limited (NSDL) provided the e-voting platform.
  • Scrutinizer: Shri Shivam Parashar was appointed by the NCLT to scrutinize the voting process.
  • Chairperson: Shri L.N. Gupta was the Hon'ble Chairperson appointed by the NCLT for the meeting.
  • Company Officer: Thanikainathan Arumugam, Company Secretary and Compliance Officer of AHCL.
  • Witnesses: Mr. Joshua S and Mr. Ranganath B S witnessed the vote unblocking and counting.

Stated Rationale & Next Steps

The purpose of the meeting was to obtain the requisite approval from unsecured creditors for the Scheme of Amalgamation. The approval obtained is a necessary step in the process. The scheme remains subject to the final sanction of the Hon'ble NCLT, Chennai Bench.

Financial & Operational Impact

The disclosure does not quantify the specific financial impact of the amalgamation. The operational impact is the proposed integration of Dr. Agarwal's Eye Hospital Limited into Dr. Agarwal's Health Care Limited, pending NCLT sanction.

Capital Structure Impact

The disclosure does not provide details on the share exchange ratio or the potential impact on the capital structure of the transferee company (AHCL).