{"id":359692,"date":"2025-09-24T01:26:56","date_gmt":"2025-09-23T20:26:56","guid":{"rendered":"https:\/\/www.technologyforyou.org\/?p=359692"},"modified":"2025-09-24T01:26:56","modified_gmt":"2025-09-23T20:26:56","slug":"cci-approves-the-proposed-combination-involving-i-demerger-of-the-identified-business-undertaking-of-ahel-into-ahtl-ii-merger-and-amalgamation-of-ahl-and-keimed-with-and-into-ahtl-and-iii-acqu","status":"publish","type":"post","link":"https:\/\/www.technologyforyou.org\/cci-approves-the-proposed-combination-involving-i-demerger-of-the-identified-business-undertaking-of-ahel-into-ahtl-ii-merger-and-amalgamation-of-ahl-and-keimed-with-and-into-ahtl-and-iii-acqu\/","title":{"rendered":"CCI approves the proposed combination involving (i) demerger of the identified business undertaking of AHEL into AHTL; (ii) Merger and amalgamation of AHL and Keimed with and into AHTL; and (iii) acquisition of 74.5% shareholding of AMPL by AHTL"},"content":{"rendered":"<p> Competition Commission of India <\/p>\n<div id=\"lg_g\">\n<div class=\"log_oo\"> <img decoding=\"async\" src=\"https:\/\/static.pib.gov.in\/WriteReadData\/specificdocs\/photo\/2021\/aug\/ph202183101.png\" alt=\"azadi ka amrit mahotsav\"> <\/div>\n<\/div>\n<p><h2> CCI approves the proposed combination involving (i) demerger of the identified business undertaking of AHEL into AHTL; (ii) Merger and amalgamation of AHL and &nbsp;Keimed with and into AHTL; and (iii) acquisition of 74.5% shareholding of AMPL by AHTL<br \/><span id=\"ltrSubtitle\"><\/span> <\/h2>\n<\/p>\n<p> Posted On: 23 SEP 2025 6:51PM by PIB Delhi <\/p>\n<p> <input type=\"hidden\" name=\"hydphotoUrl\" id=\"hydphotoUrl\"> <\/p>\n<p><span><span>The Competition Commission of India has approved the proposed combination involving (i) demerger of the identified business undertaking of AHEL into AHTL; (ii) Merger and amalgamation of AHL and Keimed with and into AHTL; and (iii) acquisition of 74.5% shareholding of AMPL by AHTL.<\/span><\/span><\/p>\n<p><span><span><span>The proposed combination involves the following:<\/span><\/span><\/span><\/p>\n<ol>\n<li><span><span><strong><span>Step 1<\/span><\/strong><span>: demerger of the identified business undertaking of Apollo Health Enterprise Limited (<strong>AHEL<\/strong>) (<strong>Identified Business Undertaking Demerger<\/strong>) into Apollo Healthtech Limited (<strong>AHTL<\/strong>), in accordance with a composite scheme of arrangement approved by the boards of directors and audit committees of Apollo Healthco Limited (<strong>AHL<\/strong>) and Keimed Private Limited (<strong>Keimed<\/strong>) on 27<sup>th<\/sup> June 2025, and AHEL and AHTL on 30<sup>th<\/sup> June 2025 (<strong>Composite Scheme<\/strong>); <\/span><\/span><\/span><\/li>\n<li><span><span><strong><span>Step 2<\/span><\/strong><span>: merger and amalgamation of AHL with and into AHTL (<strong>AHL Merger<\/strong>) in accordance with the Composite Scheme;<\/span><\/span><\/span><\/li>\n<li><span><span><strong><span>Step 3:<\/span><\/strong><span> merger and amalgamation of Keimed with and into AHTL(<strong>Keimed Merger<\/strong>) in accordance with the Composite Scheme; <\/span><\/span><\/span><\/li>\n<li><span><span><strong><span>Step 4<\/span><\/strong><span>: listing of the equity shares of AHTL on the stock exchanges, subsequent to effectiveness of the Composite Scheme; and&nbsp; <\/span><\/span><\/span><\/li>\n<li><span><span><strong><span>Step 5<\/span><\/strong><span>: Acquisition of 74.5% shareholding of AMPL from existing shareholders by AHTL (<strong>AMPL Acquisition<\/strong>) in accordance with the applicable regulatory framework and in terms of a Share Purchase Agreement (<strong>SPA<\/strong>) executed between AHL, AMPL and the existing shareholders of AMPL (<strong>AMPL SPA<\/strong>).<\/span><\/span><\/span><\/li>\n<\/ol>\n<p><span><span><strong><span>AHTL<\/span><\/strong><span> is a newly incorporated company and currently does not have any activities worldwide or in India.<\/span><\/span><\/span><\/p>\n<p><span><span><strong><span>AHL <\/span><\/strong><span>operates the \u201cApollo 24|7\u201d platform which helps users\/customers to book doctor appointments and diagnostic tests. AHL also operates in the pharmacy distribution segment. <\/span><\/span><\/span><\/p>\n<p><span><span><strong><span>Keimed <\/span><\/strong><span>is involved in the business of: (i) wholesale sale and distribution of pharmaceutical products, OTC products, medical equipment, surgical products, scientific apparatus and equipment for hospitals and FMCG; (ii) retail sale of specialty pharmaceutical products through certain subsidiaries and (iii) marketing and sale of pharmaceutical products.<\/span><\/span><\/span><\/p>\n<p><span><span><span>Detailed order of the Commission will follow.<\/span><\/span><\/span><\/p>\n<p><span><span><span>*****<\/span><\/span><\/span><\/p>\n<p><span><span><strong><span>NB\/AD<\/span><\/strong><\/span><\/span><\/p>\n<p><span id=\"ReleaseId\">(Release ID: 2170267)<\/span> <br \/><span id=\"lblRefPhoto\"><\/span> <\/p>\n<div class=\"ReleaseLang\">Read this release in: <a href=\"https:\/\/pib.gov.in\/PressReleasePage.aspx?PRID=2170308\" target=\"_blank\"> Urdu <\/a> <\/div>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Competition Commission of India CCI approves the proposed combination involving (i) demerger of the identified business undertaking of AHEL into AHTL; (ii) Merger and amalgamation of AHL and &nbsp;Keimed with and into AHTL; and (iii) acquisition of 74.5% shareholding of AMPL by AHTL Posted On: 23 SEP 2025 6:51PM by PIB Delhi The Competition Commission [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-359692","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-others"},"_links":{"self":[{"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/posts\/359692","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/comments?post=359692"}],"version-history":[{"count":0,"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/posts\/359692\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/media?parent=359692"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/categories?post=359692"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/tags?post=359692"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}