Business News

Dr. Azad Moopen, Founder & Chairman, Aster DM Healthcare

Aster DM Healthcare Receives NCLT Order to Convene Shareholders' and Creditors' Meetings for Approval of the Merger with Quality Care India Ltd

Jan 27, 2026

Bengaluru (Karnataka) [India], January 27: The merger between Aster DM Healthcare Limited, and Quality Care India Ltd, one of the largest merger announcements in the healthcare industry has now received an order from the Hon'ble National Company Law Tribunal (NCLT), Hyderabad Bench to convene the shareholders and unsecured trade creditors meeting for approval of the merger. The meeting will be fixed for a date between February 27, 2026 and March 13, 2026. The merger transaction is already in receipt of approvals from Competition Commission of India (CCI) and 'No Objection' letters from the Stock Exchanges. The company expects to complete the merger process by Q1 FY2026-27, subject to receipt of all regulatory approvals and completion of other conditions precedents.

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