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Updated April 18th 2025, 15:19 IST

Aster DM Healthcare and Quality Care India Ltd Merger Gets CCI Clearance

CCI has greenlit the merger between Aster DM Healthcare and Quality Care India Ltd, paving the way for 'Aster DM Quality Care Limited'.

Reported by: Gunjan Rajput
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Aster DM Healthcare
Aster DM Healthcare | Image: Aster DM Healthcare

The Competition Commission of India (CCI) has approved the merger between Aster DM Healthcare Limited and Quality Care India Ltd, marking a pivotal moment in India's healthcare sector. 

This approval, under Section 31(1) of the Competition Act, 2002, sets the stage for the creation of 'Aster DM Quality Care Limited', a powerhouse in the healthcare industry.


Aster DM Healthcare and Quality Care India Ltd Merger
Dr. Azad Moopen, Founder & Chairman of Aster DM Healthcare, emphasized the strategic significance of the merger, stating, "For the merger to complete, the CCI approval is an important milestone, and we are happy that we got the approval from regulatory authority. The merger of Aster DM Healthcare and Quality Care India is not merely a consolidation of resources, but a convergence of vision, expertise, and a shared commitment to building one of the largest and most impactful healthcare networks in the country. The approval reflects the strength of our combined vision and our collective potential to enhance healthcare access and quality. The integration of Aster and Quality Care’s extensive networks and operational expertise will significantly strengthen our capacity to deliver world-class healthcare, foster innovation, and elevate patient outcomes. Together, we are setting the stage for a new era in healthcare.”

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With 38 hospitals and over 10,150 beds across 27 cities, 'Aster DM Quality Care Limited' is poised to rank among the top three hospital chains in India.
 


Future Prospects and Synergies
Looking ahead, the merged entity anticipates further growth to approximately 13,300 beds by FY27, leveraging internal accruals and cash reserves. This expansion strategy includes both greenfield projects and brownfield opportunities, aimed at enhancing healthcare accessibility and quality nationwide.
 

Published April 18th 2025, 15:19 IST