Aster DM Healthcare Ltd's subsidiary to acquire Adiran IB Healthcare Pvt Ltd

Dr. Ramesh Cardiac and Multispeciality Hospital Private Limited ("DRCMH"), a subsidiary of Aster DM Healthcare Limited ('the Company') has signed a share purchase agreement to acquire 100% stake in Adiran IB Healthcare Private Limited on December 28, 2022 for a consideration of INR 1,60,63,355.

Adiran IB Healthcare Private Limited is a 50 bedded hospital which is being added as part of expansion to provide healthcare services.

Adiran IB Healthcare Private Limited incorporated on November 25, 2016 having its registered office at 54-15-4, NH-5, Srinivasa Nagar Bank Colony, Vijayawada Krishna, Andhra Pradhesh - 520008 India.

Shares of Aster DM Healthcare Limited was last trading in BSE at Rs. 231.10 as compared to the previous close of Rs. 231.50. The total number of shares traded during the day was 8203 in over 357 trades.

The stock hit an intraday high of Rs. 234.90 and intraday low of 230.10. The net turnover during the day was Rs. 1901087.00.

Source : Equity Bulls

Keywords

AsterDMHealthcare INE914M01019 Subsidiary Acquistion AdiranIBHealthcare