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Aster DM Healthcare’s arm to acquire 100% stake in Adiran IB Healthcare

29 Dec 2022 Evaluate

Aster DM Healthcare’s subsidiary -- Dr. Ramesh Cardiac Multispeciality Hospital (DRCMHPL) has signed a share purchase agreement to acquire 100% stake in Adiran IB Healthcare on December 28, 2022. Adiran IB Healthcare is a 50 bedded hospital which is being added as part of expansion to provide healthcare services. Indicative time period for completion of the acquisition is till January 31, 2023 and the cost of acquisition is around Rs 1.60 crore.

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.

Aster DM Healthcare Share Price

688.30 13.15 (1.95%)
17-Apr-2026 16:59 View Price Chart
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