NCLT Hyderabad sanctions Scheme of Amalgamation merging Quality Care India Ltd into Aster DM Healthcare Ltd effective from the appointed date.
Shareholders of Quality Care India to receive 977 equity shares of Aster DM for every 1000 shares held, with the transferee company assuming all liabilities.
The merger aims to create a top-3 Indian hospital chain with operational synergies, scale benefits, and diversification across 9 states and 25 cities.
Tribunal directs strict compliance with all statutory obligations, tax liabilities, and regulatory requirements as outlined by RD, OL, and Income Tax Department.