Dr. Moopen Family Picks Up Additional Stake In Aster DM Quality Care Worth Rs. 350 Crore
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Dr. Azad Moopen, Founder and Executive Chairman, Aster DM Quality Care Ltd.
The shares were acquired on September 2, 2026, at a price of Rs. 760 per share, for an aggregate consideration of approximately Rs. 350.34 crore.
The acquisition further strengthens the promoter family's ownership interest in Dr. Moopen-led Aster DM Quality Care and underscores the Moopen family's commitment to the company's long-term growth. It also reflects the family's confidence in the potential of the larger, integrated healthcare platform, Aster DM Quality Care Ltd., and its ability to deliver sustainable long-term value for shareholders.
About Aster DM Quality Care
Aster DM Quality Care Limited is one of India's leading integrated healthcare providers, formed through the merger of Aster DM Healthcare Limited and Quality Care India Limited. The merged entity will bring together four leading healthcare brands - Aster DM, CARE Hospitals, Evercare and KIMSHEALTH, creating a scaled and diversified healthcare platform with a network of 39 hospitals across 28 cities and over 10,890 beds. With a strong presence across South and Central India, the merged entity will deliver comprehensive healthcare services spanning primary, secondary, tertiary and quaternary care, supported by centers of excellence across key specialties including oncology, cardiac sciences, neurosciences, gastro sciences, orthopaedics, nephrology, organ transplantation, mother and child care, and critical care.
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