The Latest Breaking News from Azad Moopen

Moopen family picks up additional stake in Aster DM Quality Care for Rs 350 cr

Union (Mauritius) Holdings acquired a 0.57 percent stake for Rs 350.34 crore. This acquisition increased the Moopen family's total shareholding to approximately 24.58 percent. The transaction involved purchasing equity shares from Centella Mauritius Holdings Ltd. The deal was executed at a price of Rs 760 per share on September 2.…

The Economic Times · Sep 4

Focus on to expand footprint in south India, says Aster DM Healthcare founder-chairman Azad Moopen

Aster DM Healthcare, a Dubai-based integrated healthcare provider, is expanding its presence in southern India. They have taken over Narayanadri Hospitals in Tirupati, AP and are looking for more opportunities in Tamil Nadu. They recently rebranded Ramesh Hospitals in Vijayawada, with Aster DM owning 57% of the stakes. This partnership…

The Hindu · Jul 15, 2023