India, Aug. 28 -- image credit- shutterstock

The Boards of Directors of Dr. Agarwal's Health Care Limited (AHCL) and Dr. Agarwal's Eye Hospital Limited (AEHL) at their respective meetings have approved the scheme of amalgamation of these independently listed companies under the Dr. Agarwal's Group. The Scheme is subject to the requisite approvals from respective shareholders of AHCL and AEHL and the applicable regulatory approvals.

The merged entity inter-alia brings together significant complementarities that exist between both the entities and is poised to create meaningful value for various stakeholders, including respective patients, employees, and shareholders of both entities.The merger will consolidate the businesses of AHCL and ...