NCLT Sanctions Amalgamation Scheme Between Aster DM Healthcare and Quality Care India Limited
The National Company Law Tribunal (NCLT), Hyderabad Bench, has sanctioned the Scheme of Amalgamation involving Quality Care India Limited (QCIL) and Aster DM Healthcare Limited. The order was passed on June 19, 2026.The Scheme involves the merger of QCIL, designated as the Transferor Company, with Aster DM Healthcare Limited, identified as the Transferee Company. Both companies' respective shareholders and creditors are included under the sanctioned scheme.
Under the terms of the approved Amalgamation, QCIL will be dissolved without winding up upon the completion of the process.
The Scheme is set to become effective once the certified copy of the NCLT Order is filed with the Registrar of Companies by both companies and all other conditionalities specified in the scheme are satisfied. Following the Effective Date, Aster DM Healthcare Limited will provide notification regarding the date to the Stock Exchanges.
ASTERDM Stock Price Movement
Today, Aster DM Healthcare Limited shares rallied to close at ₹809.4, gaining 3.37% as it settled in positive territory for the day. Throughout trading, the stock moved within a range of ₹785.35 to ₹819.05 and registered a substantial volume of 812,938 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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.