Aster DM Healthcare receives NCLT order to convene shareholders’ and creditors’ meetings for approval of the merger with Quality Care India Ltd.

The merged entity ‘Aster DM Quality Care’ will be promoted by Aster Promoters and Blackstone and brings together the strengths of two leading healthcare providers with a common vision of expanding access to high-quality medical care across the country.

Dr. Azad Moopen, Founder & Chairman, Aster DM Healthcare, said, “We are pleased with the significant progress achieved in the merger process and are confident of shareholders/ unsecured creditors approval as well as pursuant to the NCLT order. We remain committed to working toward a speedy completion of the merger and look forward to making it effective by Q1 FY27. Looking ahead, our focus will be on executing a disciplined integration strategy that leverages the complementary networks, clinical expertise, and operational strengths of Aster and Quality Care.

The merger provides a strong platform to scale efficiently, enhance clinical excellence, and accelerate innovation, enabling us to build a more resilient and future-ready healthcare organization that delivers improved access and outcomes for patients across the country.”

The merged entity ‘Aster DM Quality Care Limited’ will have a combined portfolio of four leading brands: Aster DM, CARE Hospitals, KIMSHEALTH and Evercare. As of September 30, 2025, the combined bed strength of Aster and QCIL stands over 10,360 beds with bed strength of Aster at 5,195+ beds and QCIL at 5,165+ respectively. Looking ahead, the merged entity aspires to increase bed capacity to around 14,715+ beds over the coming years. With the combined scale, the merged entity will also be well-positioned to explore investments in advanced medical technologies and digital health platforms – driving innovation and creating a more integrated, seamless patient experience.