Announced Wed, 15 Jul · 15:20 IST
Promoter holding diluted to 24.01% post QCIL merger share allotment
ASTERDM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.6%1-day move
₹815.00
prior close
₹824.95
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.0———-0.6+0.4+0.3+0.5-1.9-3.2————
Up moveDown movePending
AI summary
Aster DM Healthcare (now renamed Aster DM Quality Care Ltd) allotted equity shares to shareholders of merged entity Quality Care India Ltd on 13 July 2026 at a ratio of 977 shares for every 1,000 QCIL shares. This diluted promoter and promoter group holding from 40.39% to 24.01%, a drop of over 16 percentage points. Total share capital rose from 51.8 crore to 87.2 crore shares. No shares were actively bought or sold by promoters; the change is purely from the scheme-driven allotment.
Likely market impact
Promoter stake fell from 40.39% to 24.01% through merger-driven dilution, not an active sale. Reduced promoter influence going forward.