Aster DM allots shares to QCIL shareholders under amalgamation scheme

Listed Co AcquisitionNclt Scheme FiledStrategic Transactions View source PDF Explain this filing

ASTERDM · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.3%Reaction day

₹812.30

prior close

₹814.80

announcement price

After-mkt

timing

Nifty Smallcap 250market-1.1%+1.4% vs market

Hospital peers, median of 24sector-0.6%+0.9% vs sector

On the reaction day the stock moved 1.4 pts more than Nifty Smallcap 250 and 0.9 pts more than its Hospital peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.3

10m

-0.3

15m

+0.4

30m

+0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.3-1.1+1.4-0.6+0.9

Next day

+1.6-0.4+2.0+0.1+1.5

-0.2-0.3+0.1+0.0-0.2

+0.8-0.9+1.7-1.3+2.0

+0.6-0.8+1.5-1.1+1.7

+0.8-0.4+1.2-0.9+1.7

-3.4-2.9-0.5-2.1-1.2

15d

+2.2+0.1+2.1-1.4+3.6

+1.4+0.6+0.9-0.9+2.3

-9.1-1.5-7.5-1.3-7.7

-16.7-1.9-14.8-12.4-4.3

UpDownMarket · Nifty Smallcap 250Sector · Hospital peers, median of 24Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Aster DM Healthcare has allotted 35.35 crore equity shares to shareholders of Quality Care India Limited (QCIL) under an NCLT-approved amalgamation scheme. Exchange ratio is 977 Aster DM shares for every 1,000 QCIL shares held. Paid-up capital rose from INR 518.12 crore (51.81 crore shares) to INR 871.67 crore (87.17 crore shares). New shares will rank pari passu with existing shares and be listed on BSE and NSE.

Likely market impact

Share dilution for existing Aster DM holders as about 35.35 crore new shares issued. Former QCIL shareholders now part of the expanded capital base.