As on :
05-Aug-26 22:03
Aster DM Quality Care Limited, formerly Aster DM Healthcare Ltd., announced it has approved the termination of the operations and management agreement for Aster G. Madegowda Hospital in Maddur, citing sustained operating losses, and the acquisition of up to 12% equity shares of United CIIGMA Institute of Medical Sciences, an existing subsidiary, for up to Rs 40.93 crore through the exercise of put option rights by minority shareholders, as disclosed in a regulatory filing on August 5, 2026. The company will seek shareholder approval for these actions via Postal Ballot and at its 18th Annual General Meeting scheduled for September 28, 2026.
