Date: 31 August 2026
Board Meeting Outcomes
KIMS Health Care Management Limited (KHML), a material subsidiary of Aster DM Quality Care Limited, approved a capacity expansion project at its meeting held on 31 August 2026. The project involves construction of KIMSHEALTH New Block and optimization of existing hospital facilities at the KIMSHEALTH Hospital, Trivandrum, Kerala.
Expansion / Capex Details
Existing Capacity: Approximately 795 beds
Existing Capacity Utilization: Approximately 596 beds (FY26 occupancy of ~75%)
Proposed Capacity Addition: Approximately 184 beds
Total Capacity Post Expansion: Approximately 979 beds
Investment Required: Approximately ₹134.4 crore
Mode of Financing: 70% debt and 30% equity
Completion Timeline: On or before May 2028
Rationale for Expansion:
- Expand healthcare capacity through construction of KIMSHEALTH New Block
- Address space constraints in the existing hospital complex
- Facilitate expansion of key specialties
- Enhance patient experience
- Strengthen healthcare infrastructure in Trivandrum
- Support future growth
Additional Information
The intimation is being uploaded on the Company's website at www.asterqualitycare.com.
No material disclosures under the following sections:
- KMP / Board / Auditor Changes
- Dividend Declaration or Non-Declaration
- Financial Results
- Auditor's Report
- Disinvestment / Strategic Actions
- Media Release / Investor Communication
Impact Tags: #StrategicExpansion