Aster DM Healthcare Limited changes name post amalgamation; Authorized Capital set at INR 1,051 Crore
The merger between Quality Care India Limited (QCIL) and Aster DM Healthcare Limited has concluded, with the combined entity commencing operations under a new framework. The Scheme of Amalgamation officially became effective on July 1, 2026.The merged company is now positioned as Aster DM Quality Care India Limited, subject to receiving a fresh Certificate of Incorporation from the Registrar of Companies in Telangana. This change follows the successful completion of all conditionalities required under the scheme.
Strategic Changes and Promoter Status Update
With the amalgamation, BCP Asia II Topco IV Pte. Limited has been designated as a promoter shareholder of the company effective July 1, 2026.The Memorandum of Association (MOA) and Article of Association (AOA) of the company were formally amended on the effective date, in accordance with the scheme approved by shareholders and the NCLT previously.
Capital Structure Amendment Detailed
The amendments include a significant revision to the authorized share capital structure of the company. The total authorized share capital is set at INR 1,051,70,00,000/- (Indian Rupees One Thousand and Fifty One Crores and Seventy Lakhs only).This capital is divided into three categories of shares: equity, preference, and RAR convertible preference shares. Key details regarding the capital structure are as follows:
| Share Type | Number of Shares | Face Value |
|---|---|---|
| Equity Shares | 98,20,00,000 | INR 10/- |
| Preference Shares | 35,00,000 | INR 10/- |
| Series A Compulsorably Convertible Preference Shares | 1,52,00,000 | INR 10/- |
| RAR Compulsorably Convertible Preference Shares | 5,10,00,000 | INR 10/- |
The company, previously operating as Aster DM Healthcare Limited, has undergone a name change to 'Aster DM Quality Care India Limited,' contingent upon the issuance of the fresh Certificate of Incorporation by the Registrar of Companies.
ASTERDM Stock Price Movement
Aster DM Healthcare Limited shares today slipped, settling at ₹776.00 after shedding ₹7.80 in the post-market trading session. The stock recorded a total traded volume of 438,050 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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