AHArvaya Healthcare524723Preferential allotment

Board meeting on 24 October 2026 to consider allotment of ~38.72 lakh equity shares to SIGPL shareholders

Arvaya Healthcare has informed BSE that a Board meeting is scheduled for Saturday, 24 October 2026.

By ScoutQuest · Sat 17 Oct 2026, 6:03 PM IST · 2 min read

Board Meeting Date

Saturday, 24 October 2026

Proposed Allotment Size

~38.72 lakh equity shares

Allotment Basis

preferential basis, for consideration other than cash

What the update says

• Arvaya Healthcare Ltd, formerly known as Bijoy Hans Limited, has informed BSE that a meeting of its Board of Directors is scheduled to be held on Saturday, 24 October 2026.
• Among the items to be considered and approved at that meeting is the allotment of ~38.72 lakh equity shares of the company to the shareholders of Sushodha Institute of Gastroenterology Private Limited (SIGPL).
• The allotment is proposed on a preferential basis, for consideration other than cash.
• The intimation is a prior notice of the Board meeting, dated 17 October 2026 and signed by Managing Director Kaushal Shah.

Reading the proposal

• A preferential allotment means shares are proposed to be issued to a selected set of allottees, here the shareholders of SIGPL, rather than to the public at large.
• Because the consideration is other than cash, the shares are proposed to be issued against something other than money payment. The notice sets out the proposal to be placed before the Board and does not spell out further terms.
• The number named in the notice is ~38.72 lakh equity shares, going to the shareholders of SIGPL.

What to keep in view

• The Board is scheduled to consider and approve the proposal on 24 October 2026. Until the meeting is held, the allotment is only a proposal on the agenda.
• Preferential issuance of equity shares changes who holds shares in the company, since the allottees would be the shareholders of SIGPL.
• The notice is a prior intimation of a Board meeting, which is a routine disclosure listed companies make ahead of a Board meeting where specific items are to be taken up.
• A shareholder wanting the full terms would look to the outcome of the Board meeting and the subsequent disclosures on the actual allotment.

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