Aster DM Quality Care Acquisition
Aster DM Quality Care approved the amalgamation of its step-down subsidiaries, KIMSHEALTH Executive Leisure and Spiceretreat Hospitality Services. No cash consideration is involved in the scheme.
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Aster DM Quality Care approved the amalgamation of its step-down subsidiaries, KIMSHEALTH Executive Leisure and Spiceretreat Hospitality Services. No cash consideration is involved in the scheme.
Aster DM Quality Care Ltd's subsidiary will acquire an additional 14.21% stake in STS Holdings Ltd for Rs. 420.94 Crore in cash.
Aster DM Quality Care's subsidiary acquired a 14.21% stake in STS Holdings Limited for USD 44.11 million (approx. ₹419.09 Crore) as part of a strategic investment.
Aster DM Healthcare Limited and its subsidiary MIMS completed a 26% stake acquisition in Oyster Green Hybrid Two Private Limited for ₹5.80 Crore. The investment was revised from ₹7 Crore due to lower project costs. The acquisition facilitates a captive 18 MWp solar power plant in Kerala to meet the group's renewable energy requirements.