Aster DM Healthcare Limited submitted a regulatory disclosure to BSE Limited and the National Stock Exchange of India Ltd regarding capital raising activities of its subsidiary, Aster DM Multispecialty Hospital Private Limited (ADMPL).
Transaction Details
On June 16, 2026, the Board of Directors of ADMPL approved the allotment of Compulsorily Convertible Preference Shares to identified investors through private placement on a preferential basis:
- 21,40,000 fully paid-up Series A CCPS with face value of ₹50 each
- 18,40,000 partly paid-up Series B CCPS with face value of ₹50 (paid-up amount ₹5)
Conversion Terms
Both Series A and Series B CCPS have a conversion ratio such that each CCPS shall convert into a maximum of up to 5 equity shares of ADMPL as on the date of allotment.
Additional Capital Raising
ADMPL is in the process of finalizing other investors for additional capital raising through issuance of further CCPS ("Additional Investment") in due course.
Shareholding Impact
Aster DM Healthcare Limited confirmed that its shareholding in ADMPL will not fall below 75% of the share capital on an as-if converted basis upon conversion of:
- The allotted Series A CCPS
- The allotted Series B CCPS
- Any Additional Investment
This commitment aligns with previous disclosures made on January 30, 2026.