no script

Dr. Moopen Family Picks up Additional Stake in Aster DM Quality Care Worth Rs. 350 Crore

Union (Mauritius) Holdings Ltd., owned and promoted by Dr. Azad Moopen and family, has acquired 46.09 lakh equity shares of Aster DM Quality Care Limited, representing approximately ~0.57% of the company’s paid-up equity share capital, from TPG-backed Centella Mauritius Holdings Limited. With the recent purchase of additional stake, the Moopen family now has increased shareholding in Aster DM Quality Care Ltd. to ~24.58%.
 

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.

Loading

  • Kumar Bahukhandi

    Kumar Bahukhandi is a journalist, educator and writer, and an Assistant Professor of Journalism and Mass Communication. He is the Founder and Editor of Channel24India and Editor of Prime Look – The International Research Journal and Prime Review. His writing explores human behaviour, relationships, emotions and the choices that shape everyday life. Through journalism, short stories and reflective essays, he brings together academic inquiry and a curiosity about people. Guided by the principle of “simple living and high thinking”, Kumar values authenticity, modesty and respect for every individual, regardless of status or background. He believes in remaining true to himself, listening to his inner voice and finding meaning in ordinary experiences.

    Related Posts

    Blue Dart Delivers More Smiles for Less this Diwali with Special Domestic and International Shipping Offers

    Blue Dart Express Limited, South Asia’s premier express air & integrated transportation and distribution company, has launched Diwali Express 2026, a festive shipping initiative designed to help customers deliver more…

    Loading

    Kenswitch Partners with PayU's Wibmo to Strengthen Online Card Security in Kenya

    Kenswitch, Kenya’s domestic payment switch, has partnered with Wibmo, a PayU company whose technology supports major international payment networks, including Visa and Mastercard, to strengthen authentication for online card payments…

    Loading

    You Missed

    Sai Flags Off Digital Training Van for Jashpur Villages

    Sai Flags Off Digital Training Van for Jashpur Villages

    Sai Welcomes Two-Year Second Tour of Duty for Agniveers

    Sai Welcomes Two-Year Second Tour of Duty for Agniveers

    Chhattisgarh Geoportal Brings Together 190-Plus GIS Layers for District Planning

    Chhattisgarh Geoportal Brings Together 190-Plus GIS Layers for District Planning

    Sai Opens ₹1.36 Crore Community Hall, Helmet Bank and Four Mobile Medical Units in Jashpur

    Sai Opens ₹1.36 Crore Community Hall, Helmet Bank and Four Mobile Medical Units in Jashpur

    Pragati College Win Women’s Badminton Title, UTD Raipur Take Men’s Crown

    Pragati College Win Women’s Badminton Title, UTD Raipur Take Men’s Crown

    Ahead of Diwali, Mahtari Vandan’s 33rd Instalment Reaches 67.40 Lakh Women in Chhattisgarh-By Dhananjay Rathore

    Ahead of Diwali, Mahtari Vandan’s 33rd Instalment Reaches 67.40 Lakh Women in Chhattisgarh-By Dhananjay Rathore