Updates

Aster DM Healthcare Limited announced that its subsidiary, Aster DM Super-Specialty Hospital (Sarjapur) Private Limited, has allotted 12,00,000 Series A and 34,30,000 Series B Compulsorily Convertible Preference Shares (CCPS) to identified investors via a preferential private placement. The subsidiary is also seeking additional investment for further capital. Aster DM Healthcare confirmed its shareholding in the Sarjapur entity will remain above 75% on an as-if converted basis, even after these allotments and future investments.