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Apollo Hospitals Secures Exchange Nod for Business Overhaul
24 Dec
Summary
- Exchanges granted no-objection for Apollo Hospitals' business restructuring.
- The company expects to complete the strategic reorganization by end of FY27.
- Apollo's board approved spinning off digital health and pharmacy units.
Apollo Hospitals announced on Wednesday that it has secured the necessary 'no-objection' from the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) for its proposed business restructuring. This significant development marks a critical step forward in the company's strategic reorganisation efforts.
The approval from the exchanges, received on December 24, 2025, enables Apollo Hospitals to submit its draft scheme to the National Company Law Tribunal (NCLT). The company has indicated its expectation to finalize this comprehensive restructuring by the conclusion of the fiscal year 2027.
This initiative follows in-principle approval from Apollo's board in July 2025 to spin off its digital health and pharmacy business units into a new entity. The company had also obtained approval from the Competition Commission of India (CCI) for the associated transactions in September 2025.
