Moopen family invests Rs.350-Cr to up stake in health-tech co. Aster DM Quality Care

Union (Mauritius) Holdings, an entity owned and promoted by the Moopen family, has acquired a 0.57% stake in publicly listed Aster DM Quality Care for about INR 350.34 crore. The equity shares were purchased from Centella Mauritius, a firm backed by TPG. The transaction was executed at INR 760 per share, increasing the Moopen family's total shareholding in the healthcare provider to approximately 24.58%.Aster DM Quality Care is a healthcare provider formed through the merger of Aster DM Healthcare and Quality Care India. Founded by Dr. Azad Moopen, the company operates an integrated platform that manages a network of 39 hospitals across 28 cities under the Aster DM, CARE Hospitals, Evercare, and KIMSHEALTH brands.