Bengaluru, Aug. 28 -- As per the latest exchange filings, Dr. Agarwal's Eye Hospital Limited (AEHL) and Dr. Agarwal's Health Care Limited (AHCL), both independently listed entities under the Dr. Agarwal's Group, have received Board approval for a proposed scheme of amalgamation. The merger is subject to the necessary approvals from shareholders of both companies as well as regulatory authorities.

The merged entity is expected to leverage the synergies between AEHL and AHCL, creating meaningful value for respective patients, employees, and shareholders. The merger will also consolidate the businesses of AHCL and AEHL into a single entity, enable operational and financial efficiencies, improve financial and capital allocation efficiency, s...