Aster DM Healthcare Limited acquired 4,50,89,995 equity shares in Aster DM Super-Specialty Hospital (Sarjapur) Private Limited through a rights issue on June 18, 2026. The total cash consideration for the acquisition was Rs 45.09 crore, with shares priced at Rs 10 each.
Aster DM Super-Specialty Hospital (Sarjapur) Private Limited was incorporated on July 21, 2025, in Bengaluru, Karnataka, to set up and operate healthcare services. The entity has not yet commenced business operations and has no turnover history.
Post-acquisition, Aster DM Healthcare holds 100% of the equity share capital of the Sarjapur entity, comprising 4,50,89,995 shares. The paid-up share capital of the Sarjapur entity stands at Rs 50.10 crore, with an authorized share capital of Rs 153.55 crore.
The transaction qualifies as a related party transaction as the Sarjapur entity is a wholly owned subsidiary. However, it is exempted from related party transaction provisions under Regulation 23(5) of the SEBI Listing Regulations as it involves a holding company and its wholly owned subsidiary. No governmental or regulatory approvals were required for the acquisition.
The investment is intended for general corporate purposes of the Sarjapur entity. The transaction was conducted at arm's length basis, and the promoter group does not hold any interest in the Sarjapur entity beyond the company's holding.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.