Narayana Hrudayalaya Limited Publishes NCLT Petition Advertisement for Demerger Scheme Hearing
May 02, 2026
Narayana Hrudayalaya Limited published NCLT petition advertisement on May 02, 2026, for demerger scheme with NH Integrated Care Private Limited. The hearing is scheduled for June 25, 2026, at NCLT Bengaluru Bench. The advertisement was published in The Hindu and Udayavani newspapers as per regulatory requirements.
Narayana Hrudayalaya Limited has published a mandatory newspaper advertisement regarding its proposed demerger scheme with NH Integrated Care Private Limited. The company informed stock exchanges on May 02, 2026, about the publication of Form No. NCLT-3A advertisement in compliance with regulatory requirements.
NCLT Petition Details
The scheme involves a demerger arrangement between NH Integrated Care Private Limited (Demerged Company) and Narayana Hrudayalaya Limited (Resulting Company). The joint petition was filed under Sections 230 and 232 of the Companies Act, 2013, seeking approval for the arrangement involving respective shareholders and creditors.
Parameter: Details Petition Filed: April 08, 2026 Admission Date: April 17, 2026 Hearing Date: June 25, 2026 Tribunal: NCLT Bengaluru Bench Case Number: CP (CAA) NO. 14/BB/2026
Publication Requirements
Pursuant to the NCLT order dated April 17, 2026, the company published the advertisement on May 02, 2026, in leading newspapers to inform stakeholders about the proposed scheme. The publication serves as a formal notice to all interested parties.
Newspapers Used:
The Hindu – English Edition
Udayavani – Kannada Edition
Company Information
The demerger involves two entities with registered offices at Bommasandra Industrial Area, Anekal Taluk, Bengaluru. NH Integrated Care Private Limited (CIN: U85190KA2023PTC170155) serves as the demerged company, while Narayana Hrudayalaya Limited (CIN: L85110KA2000PLC027497) acts as the resulting company.
Stakeholder Process
The advertisement provides details for stakeholders who wish to support or oppose the petition. Interested parties must submit written notices to the petitioner companies' advocate at least two days before the hearing date. Those opposing the petition must include grounds of opposition or affidavit copies with their notice.
Regulatory Compliance
The disclosure was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has also made the information available on its website at www.narayanahealth.org for stakeholder reference.
Narayana Hrudayalaya Limited has submitted its initial disclosure as a Large Corporate under the Securities and Exchange Board of India's circular on fund raising by issuance of debt securities. The submission was made on April 23, 2026, to both BSE Limited and National Stock Exchange of India Limited, confirming the company's qualification under the regulatory framework.
Regulatory Compliance Details
The disclosure was made in accordance with Chapter XII of SEBI Master Circular No. SEBI/HO/DDHS/DDHS-PoD/P/CIR/2025/000000137 dated October 15, 2025. The healthcare major confirmed that it qualifies as a Large Corporate under the applicability criteria outlined in the circular. The submission includes comprehensive financial and operational details as mandated by the regulatory framework.
Key Financial Information
The company's financial position and credit standing are detailed in the mandatory disclosure format:
Parameter: Details Company Name: Narayana Hrudayalaya Limited CIN: L85110KA2000PLC027497 Outstanding Borrowings (March 31, 2026): Rs. 1,838.54 Crores Highest Credit Rating (Previous FY): [ICRA]AA (Stable) Rating Agency: ICRA Limited Designated Stock Exchange for Compliance: BSE Limited
Corporate Governance Framework
The disclosure demonstrates Narayana Hrudayalaya's commitment to regulatory compliance and transparency in its debt financing activities. The company has designated BSE Limited as the stock exchange where any fine shall be paid in case of shortfall in the required borrowing under the framework. This designation ensures clear accountability and compliance monitoring mechanisms.
Credit Rating and Financial Standing
Narayana Hrudayalaya maintains a strong credit profile with an [ICRA]AA (Stable) rating from ICRA Limited, reflecting the company's robust financial position and creditworthiness. The stable outlook indicates consistent operational performance and financial management capabilities. The company's outstanding borrowings of Rs. 1,838.54 crores as on March 31, 2026, position it within the Large Corporate category under SEBI's regulatory framework.
The submission was signed by Sridhar S., Group Company Secretary, Legal & Compliance Officer, ensuring proper authorization and corporate governance protocols were followed in the disclosure process.
We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better.
Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians.
As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.
NCLT Petition Details
The scheme involves a demerger arrangement between NH Integrated Care Private Limited (Demerged Company) and Narayana Hrudayalaya Limited (Resulting Company). The joint petition was filed under Sections 230 and 232 of the Companies Act, 2013, seeking approval for the arrangement involving respective shareholders and creditors.
Parameter: Details Petition Filed: April 08, 2026 Admission Date: April 17, 2026 Hearing Date: June 25, 2026 Tribunal: NCLT Bengaluru Bench Case Number: CP (CAA) NO. 14/BB/2026
Publication Requirements
Pursuant to the NCLT order dated April 17, 2026, the company published the advertisement on May 02, 2026, in leading newspapers to inform stakeholders about the proposed scheme. The publication serves as a formal notice to all interested parties.
Newspapers Used:
The Hindu – English Edition
Udayavani – Kannada Edition
Company Information
The demerger involves two entities with registered offices at Bommasandra Industrial Area, Anekal Taluk, Bengaluru. NH Integrated Care Private Limited (CIN: U85190KA2023PTC170155) serves as the demerged company, while Narayana Hrudayalaya Limited (CIN: L85110KA2000PLC027497) acts as the resulting company.
Stakeholder Process
The advertisement provides details for stakeholders who wish to support or oppose the petition. Interested parties must submit written notices to the petitioner companies' advocate at least two days before the hearing date. Those opposing the petition must include grounds of opposition or affidavit copies with their notice.
Regulatory Compliance
The disclosure was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has also made the information available on its website at www.narayanahealth.org for stakeholder reference.
Narayana Hrudayalaya Limited has submitted its initial disclosure as a Large Corporate under the Securities and Exchange Board of India's circular on fund raising by issuance of debt securities. The submission was made on April 23, 2026, to both BSE Limited and National Stock Exchange of India Limited, confirming the company's qualification under the regulatory framework.
Regulatory Compliance Details
The disclosure was made in accordance with Chapter XII of SEBI Master Circular No. SEBI/HO/DDHS/DDHS-PoD/P/CIR/2025/000000137 dated October 15, 2025. The healthcare major confirmed that it qualifies as a Large Corporate under the applicability criteria outlined in the circular. The submission includes comprehensive financial and operational details as mandated by the regulatory framework.
Key Financial Information
The company's financial position and credit standing are detailed in the mandatory disclosure format:
Parameter: Details Company Name: Narayana Hrudayalaya Limited CIN: L85110KA2000PLC027497 Outstanding Borrowings (March 31, 2026): Rs. 1,838.54 Crores Highest Credit Rating (Previous FY): [ICRA]AA (Stable) Rating Agency: ICRA Limited Designated Stock Exchange for Compliance: BSE Limited
Corporate Governance Framework
The disclosure demonstrates Narayana Hrudayalaya's commitment to regulatory compliance and transparency in its debt financing activities. The company has designated BSE Limited as the stock exchange where any fine shall be paid in case of shortfall in the required borrowing under the framework. This designation ensures clear accountability and compliance monitoring mechanisms.
Credit Rating and Financial Standing
Narayana Hrudayalaya maintains a strong credit profile with an [ICRA]AA (Stable) rating from ICRA Limited, reflecting the company's robust financial position and creditworthiness. The stable outlook indicates consistent operational performance and financial management capabilities. The company's outstanding borrowings of Rs. 1,838.54 crores as on March 31, 2026, position it within the Large Corporate category under SEBI's regulatory framework.
The submission was signed by Sridhar S., Group Company Secretary, Legal & Compliance Officer, ensuring proper authorization and corporate governance protocols were followed in the disclosure process.
We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better.
Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians.
As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.