Aster DM acquires 5% stake in QCIL via Rs 849 cr share swap deal

Quick Summary:

The share swap was carried out following key approvals, including shareholder consent, in-principle clearances from BSE and NSE, and approval from the Competition Commission of India (CCI).

The proposed merged entity, Aster DM Quality Care (pending regulatory approvals), will be jointly controlled by Aster Promoters and BCP.

The newly issued shares will have equal rights (pari passu) with the existing equity shares of Aster.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: BusinessFinance

Markets: IndiaMauritius

Topics: Aster DM Healthcare Asia Quality Care India Competition Commission of India

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-30 @ 15:26:00 (11 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 334 words

Reading Time: 2 minutes read

Sentences: 16 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 28296699

View Article Analysis

About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 309 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

Publisher Details

Frequently Asked Questions