Global Health's amalgamation scheme receives NCLT approval

Global Health Limited (MEDANTA) announced that the Hon'ble National Company Law Tribunal (NCLT) has approved the proposed scheme of amalgamation between Medanta Holdings Private Limited (MHPL), a wholly-owned subsidiary of Global Health, and Global Health Limited itself. The approval follows regulations outlined in Section 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and related sections of the Companies Act, 2013. While the scheme has been approved, the final order from the NCLT is yet to be uploaded to the tribunal's website. The amalgamation will become effective once the certified copy of the NCLT order is filed with the Registrar of Companies by the transferor and transferee companies.