Moopen Family Picks up Additional Stake in Aster DM Quality Care for Rs 350 Cr
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Dr. Moopen Family Picks Up Additional Stake in Aster DM Quality Care Worth Rs. 350 Crore
Get latest articles and stories on Business at LatestLY. Mumbai (Maharashtra) [India], September 4: Union (Mauritius) Holdings Ltd., owned and promoted by Dr. Azad Moopen and family, has acquired 46.09 lakh equity shares of Aster DM Quality Care Limited, representing approximately ~0.57% of the company’s paid-up equity share capital, from TPG-backed Centella Mauritius Holdings Limited. With the recent purchase of additional stake, the Moopen fam…
Moopen family picks up additional stake in Aster DM Quality Care for Rs 350 cr
Union (Mauritius) Holdings acquired a 0.57 percent stake for Rs 350.34 crore. This acquisition increased the Moopen family's total shareholding to approximately 24.58 percent. The transaction involved purchasing equity shares from Centella Mauritius Holdings Ltd. The deal was executed at a price of Rs 760 per share on September 2. Aster DM Quality Care now operates a network of 39 hospitals across 28 cities.
Dr Moopen family buys additional 0.57% stake in Aster DM Quality Care for Rs 350 crore
The Dr Azad Moopen family increased their stake in Aster DM Quality Care to 24.58% by acquiring additional shares worth Rs 350 crore, reinforcing their commitment to the company's growth and value.
Kochi: Union (Mauritius) Holdings Limited, under Dr. Azad Moopen and family, has acquired 46.09 lakh equity shares of Aster DM Quality Care Limited from TPG's Centella Mauritius Holdings Limited. The company's paid-up...
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