Key Entities Involved

  • Dr. Agarwal's Health Care Limited (Transferee Company)
  • Dr. Agarwal's Eye Hospital Limited (Transferor Company)
  • Hon'ble National Company Law Tribunal (NCLT), Chennai Bench
  • Unsecured Creditors of Dr. Agarwal's Health Care Limited

Meeting Details

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.

Date and Time: Thursday, July 02, 2026 at 04:45 P.M. (IST)

Venue: The Music Academy, T.T.K. Road, Chennai – 600 014

Chairperson: Shri L N Gupta, duly appointed by NCLT

Company Representative: Mr. Thanikainathan Arumugam, Company Secretary and Compliance Officer

Scrutinizer: Shri Shivam Parashar

Creditor Base and Quorum

  • Total unsecured creditors: 996 as on record date Wednesday, December 31, 2025
  • Meeting adjourned due to lack of quorum (minimum 30 unsecured creditors/proxies not present)

Resolution Considered

A single resolution was proposed for consideration:

  • 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
  • Type of Resolution: Special Majority (as prescribed under section 230(6) of the Companies Act, 2013)

Voting Process

Voting was conducted through three methods:

1. E-voting at the venue for unsecured creditors/authorized representatives who had not availed remote e-voting

2. Polling papers for valid proxy holders present at the meeting

3. Remote e-voting facility kept open during the course of the meeting

The scrutinizer, Shri Shivam Parashar, oversaw the voting process and explained the procedure to attendees.

Meeting Conclusion

The meeting concluded at 05:19 P.M. (IST). The scrutinizer was requested to take custody of the polling box, consolidate results from venue e-voting, polling papers, and remote e-voting, and submit a Consolidated Report.

Additional Information

The company had previously communicated about this scheme through letters dated June 01, 2026. The information is also available on the company's website at https://dragarwals.co.in/dr-agarwals-health-care/#corporate-announcement.