Aster DM Healthcare Invests 451 Million in Hospital Subsidiary; Shares Up 3%

MT Newswires Live

06/18

Aster DM Healthcare (NSE:ASTERDM, BOM:540975) has invested about 450.9 million Indian rupees in its subsidiary, Aster DM Super-Specialty Hospital (Sarjapur), through a rights issue.

The company acquired 45.1 million equity shares of the subsidiary at a face value of 10 rupees each, according to a stock exchange filing on Thursday. The proceeds will be used for general corporate purposes of the Sarjapur entity.

Shares of Aster DM Healthcare rose nearly 3% in recent trade.

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The proceeds will be used for general corporate purposes of the Sarjapur entity.</p><p>Shares of Aster DM Healthcare rose nearly 3% in recent trade.</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XLV","symbol_name":"健康照護類股ETF-SPDR","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2644017417","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2644017417","pubTimestamp":1781775753,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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