Dr. Agarwals Health Care Finalizes Merger with Dr. Agarwal's Eye Hospital

Effective Date: November 01, 2026
Record Date: November 18, 2026

Reader Takeaway: The merger streamlines operations; investors get 23 shares for every 2 held as of record date.

What just happened

Dr. Agarwals Health Care Limited has formally announced that the Scheme of Amalgamation with Dr. Agarwal's Eye Hospital Limited has become effective starting November 01, 2026. This follows the NCLT approval granted on September 30, 2026, and the subsequent filing of the certified order with the Registrar of Companies. The appointed date for this corporate restructuring is April 01, 2026.

Why this matters

The consolidation marks a significant structural change for the group. As part of the integration, the authorized share capital of Dr. Agarwals Health Care Limited will increase from INR 90 crore to INR 110 crore. This shift accounts for the addition of the authorized share capital previously held by the transferor company, Dr. Agarwal's Eye Hospital Limited.

Record Date and Exchange Ratio

To facilitate the distribution of consideration shares, the company has set November 18, 2026, as the official record date. Shareholders of Dr. Agarwal's Eye Hospital Limited will receive 23 fully paid-up equity shares of Dr. Agarwals Health Care Limited for every 2 fully paid-up equity shares held in the transferor entity. Investors are advised to mark this date to ensure their holdings reflect the entitlement correctly.

What to track next

Shareholders should monitor their demat accounts following the record date for the credit of the new shares. The company will now operate as a combined entity, which is expected to simplify the corporate structure and consolidate the brand's eye care footprint under a single parent entity.