Monday, March 17, 2025 | 01:46 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Apollo Hospitals Enterprise receives NCLT approval for scheme of arrangement

Image

Capital Market

On 03 August 2020

Apollo Hospitals Enterprise announced that the Hon'ble National company Law Tribunal ('NCLT'), Chennai Bench, vide its order dated 03 August 2020, sanctioned the Scheme of Arrangement between Apollo Hospitals Enterprise ("Transferor Company") and Apollo Pharmacies ("Transferee Company") and their respective shareholders under sections 230-232 of the Companies Act, 2013 ('Scheme") for the demerger of the front end portion of standalone pharmacy business into Transferee Company.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 12 2020 | 5:23 PM IST

Explore News