logo
EquityWireAster DM promoters buy INR 3.50 bln stake, raise holding to 24.58%

Aster DM promoters buy INR 3.50 bln stake, raise holding to 24.58%

This story was originally published at 15:42 IST on 4 September 2026
Register to read our real-time news.

Informist, Friday, Sept. 4, 2026

 

MUMBAI – Aster DM Quality Care Ltd. Friday said promoters Dr Azad Moopen and his family increased their stake in the company to 24.58% by buying 4.609 million shares worth INR 3.50 billion from TPG-backed Centella Mauritius Holdings Ltd. The shares were bought through Union (Mauritius) Holdings Ltd., which is owned and promoted by the Moopen family, at INR 760 apiece Wednesday, the company said in a press release. 

For the June quarter, Aster DM Quality Care had reported consolidated net profit of INR 160.6 million on revenues of INR 13.11 billion. At 1507 IST, its shares traded flat at INR 786.40 apiece on the National Stock Exchange.  End

 

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Reported by Diksha Singh

Edited by Himanshi Gupta

 

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

 

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.

 

Informist Media Tel +91 (22) 6985-4000

Send comments to feedback@informistmedia.com

 

© Informist Media Pvt. Ltd. 2026. All rights reserved.

To read more please subscribe

Share this Story:

twitterlinkedinwhatsappmaillink

Related Stories