Aster DM Healthcare Increases Stake in Prerana Hospital to 98.92%

Aster DM Healthcare has increased its stake in Prerana Hospital Limited to 98.92%. This follows an agreement announced on November 26, 2024, to acquire the remaining shares. The acquisition involves an additional 11.94% equity stake acquired on December 30, 2025, with the remaining 1.08% scheduled for acquisition by December 31, 2026. The cost of acquisition is INR 38.36 crore.

Increased Ownership in Prerana Hospital

Aster DM Healthcare has acquired an additional 11.94% of the paid-up share capital of Prerana Hospitals Limited on December 30, 2025. This increases the Company’s shareholding from 87% to 98.92%. This move progresses the agreement disclosed on November 26, 2024, regarding the acquisition of the remaining stake in Prerana Hospital.

Details of the Transaction

The cost of acquisition for this additional stake is INR 38.36 crore. The remaining 1.08% of shares are expected to be acquired by December 31, 2026. Post-acquisition, Prerana Hospital Limited will become a wholly owned subsidiary of Aster DM Healthcare Limited.

Prerana Hospital Overview

Prerana Hospital Limited is in the Healthcare industry and was incorporated on December 3, 1996. The turnover for the last three financial years is as follows:

FY 2024-25: INR 145.05 Crores
FY 2023-24: INR 120.56 Crores
FY 2022-23: INR 98.92 Crores

Source: BSE

Previous Article

Hyundai Motor India Minor Price Increase Announced Due to Rising Costs

Next Article

Indegene Acquires 100% Equity in Trilogy Writing & Consulting Inc.