Aster DM Healthcare acquires additional 5% stake in Medcare Hospital

Aster DM Quality Care Ltd. | Hospital & Healthcare Services | Healthcare | BSE: 540975 | NSE: ASTERDM

03 Oct 2019 Evaluate

Aster DM Healthcare has acquired additional 5% stake in Medcare Hospital LLC, increasing the aggregate beneficial shareholding of the Company to 85% in Medcare Hospital LLC.

Medcare Hospital LLC is a step-down subsidiary of Aster DM Healthcare which was incorporated on August 16, 2006 and it operates hospitals in UAE.

Aster DM Healthcare operates as a healthcare company in the Middle East, India, and the Far East. It operates hospitals and clinics, pharmacies, diagnostic centers, educational institutions, and healthcare management and healthcare support systems.

Peers

Company Name	CMP
Manipal Health Enter	746.75
Apollo Hospital Ent.	8940.00
Fortis Healthcare	897.00
Max Healthcare Inst.	1064.50
Narayana Hrudayalay.	1896.35
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.