Investment29 Jun 2026, 08:20 pm
Aster DM Healthcare Acquires OCRPS in Associate Alfaone Medicals
AI Summary
Aster DM Healthcare Ltd has acquired 3,57,143 Optionally Convertible Redeemable Preference Shares (OCRPS) in its associate company, Alfaone Medicals Private Limited. The acquisition, made through a rights issue, involved a cash consideration of ₹25,00,00,100. Each OCRPS was acquired at ₹700, including a security premium of ₹690. This transaction is considered a related party transaction and has been approved by the Board, conducted on an arm's length basis. Alfaone Medicals operates in the Healthcare Industry and reported a turnover of ₹589.55 lakhs for FY26. The investment is for general corporate purposes.
Key Highlights
- Aster DM Healthcare acquired 3,57,143 OCRPS in associate Alfaone Medicals.
- Total investment amounts to ₹25,00,00,100 via cash consideration.
- The acquisition was made through a rights issue at ₹700 per OCRPS.
- Transaction is a related party deal, approved and done at arm's length.
- Alfaone Medicals is in the Healthcare Industry with FY26 turnover of ₹589.55 lakhs.
Price Impact
More from ASTERDM