Aster DM Healthcare Limited has informed the Exchange about General Updates
ASTERDM · price
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Aster DM Healthcare has acquired an additional 11.94% equity stake in its subsidiary Prerana Hospital Limited, increasing its shareholding from 87% to 98.92%, with the remaining 1.08% to be acquired by 31st December 2026. The acquisition cost was INR 38.36 crore in cash, and no regulatory approvals were required. Prerana Hospital, a Kolhapur-based healthcare company, had a turnover of INR 145.05 crores in FY24-25. Once fully acquired, Prerana will become a wholly owned subsidiary of Aster DM.
This is a minor consolidation move that makes Prerana Hospital a near-wholly owned subsidiary. Given Prerana's relatively small size compared to Aster DM's overall operations, the financial impact on the consolidated entity is limited, and no material stock price reaction is expected.