NSE:ASTERDM

2 stories mentioning NSE:ASTERDMUpdated 94d ago

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Aster DM Healthcare Invests 451 Million in Hospital Subsidiary; Shares Up 3%

Aster DM Healthcare (NSE:ASTERDM, BOM:540975) has invested about 450.9 million Indian rupees in its subsidiary, Aster DM Super-Specialty Hospital (Sarjapur), through a rights issue.The company acquired 45.1 million equity shares of the subsidiary at a face value of 10 rupees each, according to a stock exchange filing on Thursday. The proceeds will be used for general corporate purposes of the Sarjapur entity.Shares of Aster DM Healthcare rose nearly 3% in recent trade.

BOM:540975NSE:ASTERDM

Asia161d ago

Aster DM Completes Expansion of Children's Facility at Aster Whitefield Hospital

Aster DM Healthcare (NSE:ASTERDM, BOM:540975) has completed the expansion of its women and children facility at its Aster Whitefield Hospital in Bengaluru, India, with an investment of 960 million Indian rupees, according to a Monday filing to the Indian stock exchanges.With this expansion, Aster Whitefield's bed capacity increased to 539 beds from 380.The dedicated 159-bed Aster Women and Children facility will feature specialized maternity care.The expansion also boosts Aster's total capacity in the state of Karnataka to 2,573 beds.The company's shares were down nearly 2% in recent trade.

BOM:540975NSE:ASTERDM

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