StockWatch
·
Hospital
Shareholding4 Sept 2026, 12:13 pm

Dr. Moopen family buys Aster DM stake for ₹350 Cr

AI Summary

Union (Mauritius) Holdings Ltd., owned by Dr. Azad Moopen and family, has acquired an additional 0.57% stake in Aster DM Quality Care Limited from TPG-backed Centella Mauritius Holdings Limited. The transaction involved 46.09 lakh equity shares purchased at ₹760 per share, totaling approximately ₹350.34 crore. This acquisition increases the Moopen family's shareholding to 24.58%, reinforcing their commitment to the company's long-term growth and confidence in its integrated healthcare platform. Aster DM Quality Care is a leading Indian healthcare provider formed by the merger of Aster DM Healthcare and Quality Care India, operating a network of 39 hospitals.

Key Highlights

  • Dr. Moopen family increased stake by 0.57% in Aster DM Quality Care.
  • Acquisition cost approximately ₹350.34 crore at ₹760 per share.
  • Promoter group's total shareholding now stands at 24.58%.
  • Transaction strengthens promoter family's ownership and commitment.
  • Reflects confidence in the integrated healthcare platform's value.