Transaction Details
Union (Mauritius) Holdings Ltd., owned and promoted by Dr. Azad Moopen and family (Promoter and Promoter Group), has acquired 46.09 lakh equity shares of Aster DM Quality Care Limited from TPG-backed Centella Mauritius Holdings Limited.
Shareholding Impact
- The acquired shares represent approximately 0.57% of the company's paid-up equity share capital
- With this purchase, the Moopen family's total shareholding in Aster DM Quality Care Limited increases to 24.58%
Financial Terms
- Acquisition date: September 2, 2026
- Purchase price: ₹760 per share
- Total consideration: Approximately ₹350.34 crore
Strategic Context
The acquisition strengthens the promoter family's ownership interest in the company and underscores their commitment to Aster DM Quality Care's long-term growth. The move reflects the family's confidence in the potential of the larger, integrated healthcare platform created through the merger of Aster DM Healthcare Limited and Quality Care India Limited.
Company Background
Aster DM Quality Care Limited is an integrated healthcare provider with a network of 39 hospitals across 28 cities and over 10,890 beds. The merged entity operates four healthcare brands: Aster DM, CARE Hospitals, Evercare and KIMSHEALTH, with a strong presence across South and Central India offering comprehensive healthcare services spanning primary, secondary, tertiary and quaternary care.