Aster DM Healthcare receives NCLT order for merger with Quality Care India Ltd

Aster DM Healthcare Ltd has received an order from the Hon’ble National Company Law Tribunal (NCLT), Hyderabad Bench to convene the shareholders and unsecured trade creditors meeting for approval of the merger with Quality Care India Ltd. The merger transaction is already in receipt of approvals from Competition Commission of India (CCl) and ‘No Objection’ letters from the Stock Exchanges. The merged entity ‘Aster DM Quality Care’ will be promoted by Aster Promoters and Blackstone and brings together the strengths of two leading healthcare providers with a common vision of expanding access to high-quality medical care across the country. The merged entity will have a combined portfolio of four leading brands: Aster DM, CARE Hospitals, KIMSHEALTH and Evercare. As of September 30, 2025, the combined bed strength of Aster and QCIL stands over 10,360 beds.