Kotak Mutual Fund bought 45,68,000 shares of Aster DM Healthcare for ₹349.95 Cr at ₹766.10 apiece in a bulk deal.
An integrated private healthcare provider operating across the Gulf Cooperation Council region and India, Aster DM Health delivers primary, secondary, tertiary, and quaternary care services through a network of hospitals and clinics. The company emphasizes clinical excellence and maintains a distinctive multi-spectrum healthcare presence, positioning itself among few global entities with comprehensive coverage across all care levels and patient demographics.
Wholly owned subsidiary of Kotak Mahindra Bank, one of India's leading private banks. Manages over Rs 4.5 lakh crore in AUM. MD Nilesh Shah is a fixture in Indian financial media and one of the most quoted fund managers in the country. Known for disciplined quality growth positioning and clear communication of investment rationale to investors.