Aster DM Healthcare Increases Stake in Prerana Hospitals to 98.92%
Aster DM Healthcare Limited has announced an update regarding its acquisition of the balance stake in Prerana Hospital Limited. Further to its disclosure on November 26, 2024, the company has acquired...
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Why is Aster DM Healthcare Limited in the news today?
Aster DM Healthcare Limited (ASTERDM) is in the news due to the company is increasing its stake in a subsidiary, moving towards full ownership, which is generally a positive development for consolidation and control.
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Aster DM Healthcare Increases Stake in Prerana Hospitals to 98.92%
December 31, 2025, 09:05 AM
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More Details on This News
Aster DM Healthcare Limited has announced an update regarding its acquisition of the balance stake in Prerana Hospital Limited. Further to its disclosure on November 26, 2024, the company has acquired an additional 11.94% of the paid-up share capital of Prerana Hospitals Limited on December 30, 2025. This acquisition increases Aster DM Healthcare's shareholding from 87% to 98.92%. The remaining 1.08% is expected to be acquired by December 31, 2026.
Prerana Hospital Limited, a healthcare entity incorporated on December 03, 1996, is located in Kolhapur. Its turnover for FY 2024-25 was ₹145.05 crore, FY 2023-24 was ₹120.56 crore, and FY 2022-23 was ₹98.92 crore. The paid-up capital of Prerana Hospital Limited is ₹4,13,97,000. The acquisition, which has a cash consideration, was at a cost of ₹38.36 crore. This transaction is not classified as a related party transaction, and post-acquisition, Prerana Hospital Limited will become a wholly-owned subsidiary of Aster DM Healthcare Limited.
No governmental or regulatory approvals are required for this acquisition.
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