In a significant development for Aster DM Healthcare Ltd (NSE: ASTERDM; BSE: 540975), the healthcare giant has successfully obtained the requisite majority of shareholder votes in favor of separating its Gulf Cooperation Council (GCC) operations from its Indian business. The vote, concluding on January 22, 2024, marks a pivotal shift in the company’s strategic direction, […]
Aster DM Healthcare, a prominent integrated healthcare provider, has announced a groundbreaking decision to separate its India and GCC businesses into two independent entities. This bold move, approved by the boards of its subsidiary Affinity Holdings Private Limited and the company itself, aims to enhance focus and growth in these distinct markets. Definitive Agreement with […]
Aster DM Healthcare, through its hospital arm Aster Hospital, has opened a multi-specialty hospital in Sharjah to cater to the healthcare needs of the northern emirate’s residents. Spread across 200,000 ft2, the multi-specialty hospital in Sharjah has a total of 100 beds and offers services related to obstetrics and gynaecology, neurology, orthopaedics, paediatrics, cardiology, general […]
Aster Pharmacy, the retail arm of Aster DM Healthcare, has signed a long-term joint venture agreement with Al Hokair Holding Group to expand its footprint in the Saudi Arabian pharma market. Through the partnership, Aster Pharmacy is expected to open and run over 250 pharma stores in Saudi Arabia over a period of five years. […]
Aster DM Healthcare has partnered with Andhra Pradesh’s Narayanadri Hospital to expand its hospital operations management services in India. The partnership is part of the healthcare provider’s strategy to add up to 500-700 beds in India in the next one-year period. Aster DM Healthcare has a presence across primary, secondary, tertiary, and quaternary healthcare in […]
Aster DM Healthcare has announced plans to build a 550-bed super specialty hospital in Trivandrum, Kerala with an investment of over INR 550 crores. The integrated advanced healthcare facility at Trivandrum will have a built-up area of 5.76 lakh sft, which excludes the provision for one lakh sft for multilevel car parking space. Aster DM […]