
Merger25 Jun 2026, 03:26 pm
Aster DM Healthcare: Record Date Set for QCIL Amalgamation
AI Summary
Aster DM Healthcare Limited announced that its Board of Directors has fixed July 9, 2026, as the record date for determining the entitlement of equity shareholders of Quality Care India Limited (QCIL) for the allotment of new equity shares. This follows the National Company Law Tribunal's (NCLT) approval of the amalgamation scheme between QCIL and Aster DM Healthcare on June 19, 2026. Shareholders of QCIL will receive 977 equity shares of Aster DM Healthcare for every 1,000 shares held in QCIL, as per the approved share exchange ratio.
Key Highlights
- Record date fixed for QCIL amalgamation: July 9, 2026.
- NCLT approved amalgamation scheme on June 19, 2026.
- Share exchange ratio: 977 Aster shares for 1000 QCIL shares.
- Board meeting held on June 25, 2026, took NCLT order on record.
Price Impact
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