StockWatch
·
Hospital
Merger13 Jul 2026, 04:19 pm

Aster DM Healthcare Allots 35.35 Cr Shares Post QCIL Amalgamation

AI Summary

Aster DM Healthcare Limited has approved the allotment of 35,35,51,410 fully paid-up equity shares of face value INR 10/- each to the eligible shareholders of the erstwhile Transferor Company, Quality Care India Limited (QCIL), as per the approved Scheme of Amalgamation. This allotment is based on a share exchange ratio of 977 Transferee Company shares for every 1,000 Transferor Company shares. The transaction follows the NCLT's approval of the scheme on June 19, 2026. Consequently, Aster DM Healthcare's issued, subscribed, and paid-up equity share capital has increased from INR 5,18,12,10,290 to INR 8,71,67,24,390. The newly allotted shares will rank pari passu with existing shares and will be listed on BSE and NSE.

Key Highlights

  • Allotment of 35.35 crore equity shares to QCIL shareholders.
  • Share exchange ratio: 977 Aster shares for 1,000 QCIL shares.
  • Total equity capital increases to INR 871.67 crore.
  • New shares to be listed on BSE and NSE.
  • Transaction pursuant to approved Scheme of Amalgamation.