Merger Completion and Entity Formation

The merger between Aster DM Healthcare Limited and Quality Care India Limited has been successfully completed, resulting in the formation of Aster DM Quality Care Limited. The new entity commenced operations on July 01, 2026.

The name change to Aster DM Quality Care Limited is subject to receipt of Certificate of Incorporation pursuant to the merger. Currently, the entity remains named Aster DM Healthcare Limited.

Combined Network Scale and Footprint

The merged entity brings together four healthcare brands: Aster DM, CARE Hospitals, Evercare and KIMSHEALTH.

Current Scale:

  • 39 hospitals across 28 cities
  • Over 10,600 beds
  • Strong presence across South and Central India
  • Significant presence in underpenetrated fast-growing healthcare centers beyond metros

Leadership Structure

Dr. Azad Moopen continues as Executive Chairman of the merged entity. Mr. Varun Khanna leads the business as Managing Director and Group CEO.

Strategic Focus and Expansion Plans

The combined entity's mission is to expand advanced healthcare beyond India's metros with focus on:

  • Expanding specialist care, advanced treatment and medical technology to tier 2 and tier 3 cities
  • Decentralizing affordable and advanced healthcare
  • Expanding specialist services and investing in cutting-edge technologies
  • Strengthening centers of excellence closer to patients

Specific expansion cities mentioned: Nagpur, Aurangabad, Vijayawada, Guntur, Bhubaneswar, Raipur, Nagercoil, Kolhapur, Kannur, Kasaragod, and Kottakkal.

Technology and Clinical Capabilities

The combined entity will accelerate investments in advanced technologies including:

  • Gamma Knife
  • Stereotactic radiosurgery systems (like ZAP)
  • 10 robotic surgical platforms
  • 12 LINAC-based radiation therapy systems across tier 2 and tier 3 cities

The group has already introduced the first LINAC-based radiation therapy system in Nagercoil and expanded robotic surgery programmes across Raipur, Trivandrum, Kolhapur with plans for Guntur and Vijayawada.

Growth Targets and Employment Impact

Bed capacity growth: The combined bed strength is expected to grow to over 15,000 beds over the coming years.

Employment: The combined entity has more than 45,000 healthcare professionals. As the network grows, the platform is expected to create thousands of additional employment opportunities for doctors, nurses, allied healthcare professionals and support staff.

Expected Synergies

The combined platform is expected to unlock significant synergies across:

  • Clinical collaboration
  • Technology adoption
  • Procurement
  • Digital health
  • Operational excellence

Doctors across the network will collaborate through shared protocols, multidisciplinary case discussions and centers of excellence, enabling patients to benefit from a broader pool of expertise.

Service Offerings

The merged entity will deliver comprehensive healthcare services spanning:

  • Primary care
  • Secondary care
  • Tertiary care
  • 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.