Union (Mauritius) Holdings Ltd., owned by Dr. Azad Moopen and his family, has increased its shareholding in Aster DM Quality Care Limited by acquiring an additional 46.09 lakh equity shares. This transaction, valued at approximately ₹350.34 crore, raises the promoter family’s total stake in the company to 24.58%. The acquisition underscores their commitment to the company’s long-term growth and confidence in its integrated healthcare platform.
Promoter Group Acquires Additional Stake
Aster DM Quality Care Limited announced that Union (Mauritius) Holdings Ltd., the entity promoted by Dr. Azad Moopen and his family, has successfully acquired additional equity shares in the company. The transaction involved 46.09 lakh equity shares, representing approximately 0.57% of the company’s paid-up equity share capital. These shares were acquired from TPG-backed Centella Mauritius Holdings Limited.
Increased Shareholding and Financials
The acquisition of this additional stake brings the total shareholding of the Dr. Moopen family in Aster DM Quality Care Limited to 24.58%. The shares were purchased on September 2, 2026, at a price of ₹760 per share. The aggregate consideration for this transaction amounted to approximately ₹350.34 crore. This move is seen as a strong affirmation of the promoter family’s confidence in the company’s strategic direction and future prospects.
Commitment to Long-Term Growth
The acquisition further solidifies the promoter family’s ownership interest and highlights their commitment to Aster DM Quality Care’s long-term growth trajectory. The company stated that this action reflects the family’s belief in the potential of its integrated healthcare platform and its ability to deliver sustainable, long-term value for its shareholders. Aster DM Quality Care continues to operate as a leading integrated healthcare provider in India.
Source: BSE
