Meeting Details

Date: June 24, 2026

Location: Conducted through Video Conferencing (VC)/Other Audio-Visual Means (OAVM)

Type of Meetings: Court Convened Meetings

Meeting Schedule:

  • Meeting of Secured Creditors: Commenced at 10:00 a.m. and concluded at 10:40 a.m.
  • Meeting of Unsecured Creditors: Commenced at 11:00 a.m. and concluded at 12:15 p.m.
  • Meeting of Equity Shareholders: Commenced at 2:30 p.m. and concluded at 3:45 p.m.

Proposed Resolutions and Implications

The meetings were convened to consider and approve the composite scheme of arrangement amongst:

1. Apollo Hospitals Enterprise Limited (Demerged Company)

2. Apollo Healthco Limited (Transferor Company 1)

3. Keimed Private Limited (Transferor Company 2)

4. Apollo Healthtech Limited (Resultant Company)

and their respective shareholders and creditors ("Scheme") under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013.

Voting Process and Methods

The Company provided remote e-voting facility through National Securities Depository Limited (NSDL) from June 20, 2026 at 9:00 a.m. to June 23, 2026 at 5:00 p.m. Creditors and shareholders who had not cast their votes through remote e-voting could cast votes electronically during the meeting and for 30 minutes thereafter.

Key Meeting Proceedings

Chairperson: Dr. K.S. Ravichandran, appointed by the Hon'ble NCLT

Scrutinizer: Mr. S. Vedhavel, Advocate, appointed by the Hon'ble NCLT

Management Participants:

  • Mr. MBN Rao, Independent Director (all meetings)
  • Mr. Krishnan Akhileswaran, Chief Financial Officer (all meetings)
  • Mr. SM Krishnan, Sr. Vice President Finance and Company Secretary (all meetings)
  • Ms. Suneeta Reddy, Managing Director (equity shareholders meeting only)
  • Ms. Kavitha Dutt, Independent Director (equity shareholders meeting only)

Quorum Details:

  • Secured Creditors Meeting: Commenced on time with quorum present
  • Unsecured Creditors Meeting: Adjourned for 30 minutes due to lack of quorum at 11:00 a.m., reconvened at 11:30 a.m. with quorum
  • Equity Shareholders Meeting: Adjourned for 30 minutes due to lack of quorum at 2:30 p.m., reconvened at 3:00 p.m. with quorum

Voting Outcomes

Detailed voting results as required under Regulation 44(3) of SEBI LODR Regulations will be submitted separately to the stock exchanges. The scrutinizer's report on voting results will be announced and submitted to stock exchanges, placed on company website, and filed with Hon'ble NCLT within prescribed timelines.

Compliance Confirmation

The meetings were conducted in compliance with applicable provisions of the Companies Act, 2013, rules framed thereunder, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, applicable circulars issued by Ministry of Corporate Affairs and SEBI, and Secretarial Standard on General Meetings.