Aster DM Quality Care Ltd – Company Overview
Aster DM
Aster DM Healthcare founded in 1987 is one of leading private sector healthcare provider in India and Middle East. It recently merged with Blackstone-backed Quality Care making it one of top 3 hospital chains in India. The deal is expected to close by 3QFY26.
Company Snapshot:
- Company Name : Aster DM Quality Care
- Year of merger : 2024
- Headquarters : Bengaluru
- Key Executives : Dr. Azad Moopen – Executive Chairman, Mr. Varun Khanna – Managing Director
- Stock Symbol and Exchange (e.g., NSE: NSE:ASTERDM, BSE: 540975)
Sector: Hospital & Healthcare services
Business Model and Operations:
Aster DM Quality Care Limited will have a combined portfolio of four leading brands namely Aster DM, CARE Hospitals, KIMSHEALTH and Evercare. The combined entity will have around 38 hospitals.
In News:
The Competition Commission of India (CCI) has approved the proposed merger between Aster DM Healthcare and Quality Care India Ltd. under section 31(1) of the competition Act, 2002.
