Aster DM Healthcare , a leading healthcare provider, has made significant moves to strengthen its position in the Indian healthcare market. The company has increased its stake in a key subsidiary and announced plans for a new super-specialty hospital in Bengaluru.

Acquisition of Additional Stake in Dr. Ramesh Cardiac & Multispecialty Hospital

Aster DM Healthcare has acquired an additional 13% stake in its subsidiary, Dr. Ramesh Cardiac & Multispecialty Hospital Pvt Ltd (DRCM), for INR 63.01 crores. This strategic move increases Aster's shareholding in DRCM from 57.49% to 70.49%. The acquisition follows the exercise of a put option by DRCM's promoter group under a shareholders agreement dating back to April 2016.

DRCM, established in 1995 and based in Vijayawada, has shown strong financial performance. For the fiscal year ending March 31, 2025, DRCM reported a turnover of INR 258.00 crores and a profit of INR 12.82 crores. The company has demonstrated consistent growth over the past three years:

The acquisition is expected to be completed within the next 1-2 months, further consolidating Aster DM Healthcare's position in the healthcare sector.

New Super-Specialty Hospital in Bengaluru

In a separate development, Aster DM Healthcare has approved a 30-year lease agreement with KEMWELL Private Limited for a property in Yeshwanthpur, Bengaluru. This move paves the way for the establishment of a new 500-bed super-specialty hospital in the area.

Key details of the project include:

• Investment: The project requires an investment of INR 580.00 crores, which will be financed through bank loans and internal accruals.
• Timeline: Operations are expected to begin in the second half of FY 2028-29.
• Strategic Location: The hospital will be situated in the rapidly developing Yeshwanthpur corridor, benefiting from excellent metro and railway connectivity.
• Capacity Addition: This new facility will significantly expand Aster's presence, adding to its existing capacity of 5,159 beds (as of March 31, 2025).

The lease agreement includes a 30-year term from the lease commencement date, with a lock-in period of 30 years for the lessor and 12 years for Aster DM Healthcare. The company will pay rent based on per square foot of chargeable area, plus applicable taxes, and has provided an interest-free refundable security deposit of INR 58.65 crores.

Aster DM Healthcare's expansion strategy aims to cater to the growing healthcare needs in Bengaluru's northwest region, which has been experiencing rapid development and increasing demand for advanced tertiary healthcare services.

These strategic moves by Aster DM Healthcare underscore the company's commitment to expanding its footprint in key markets and enhancing its capabilities in specialized healthcare services. As the healthcare sector continues to grow in India, Aster's investments in both existing and new facilities position it well to meet the rising demand for quality healthcare services.

Aster DM Healthcare , a prominent player in the healthcare sector, has taken a significant step in its regional expansion strategy by establishing a new super-specialty hospital subsidiary in Bengaluru. This move underscores the company's commitment to strengthening its presence in the healthcare industry through geographic expansion.

New Subsidiary Details

According to a recent regulatory filing, Aster DM Healthcare has incorporated a wholly-owned subsidiary named "Aster DM Super-Specialty Hospital (Yeswanthpur) Private Limited" in Bengaluru, Karnataka. The incorporation was approved by the Ministry of Corporate Affairs on July 28, 2025.

Financial Structure

The newly formed subsidiary, Aster Yeswanthpur, has been established with the following capital structure:

The paid-up share capital matches the authorized capital, indicating full subscription to the initial share offering.

Strategic Objectives

The primary objective of this new entity is to set up and operate a super-specialty hospital in Bengaluru. This aligns with Aster DM Healthcare's broader strategy to expand its healthcare services and strengthen its market position in key regions.

Ownership and Control

Aster DM Healthcare Limited will maintain 100% shareholding in the new subsidiary, exercising complete control over its operations and strategic direction.

Regulatory Compliance

The company has duly informed the stock exchanges about this development, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This transparency ensures that shareholders and the market are kept informed about significant corporate actions.

Impact on Healthcare Landscape

The establishment of this new super-specialty hospital subsidiary in Bengaluru is expected to enhance the healthcare infrastructure in the region. It reflects Aster DM Healthcare's commitment to expanding its services and potentially improving access to specialized medical care for the local population.

This strategic move by Aster DM Healthcare demonstrates the company's focus on growth and its efforts to capitalize on opportunities in the evolving healthcare sector. As the new subsidiary begins its operations, it will be interesting to observe its impact on the company's overall performance and the healthcare landscape in Bengaluru.