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Sunil Kotak

31st Aug · SEBI-Registered Analyst

Acquisition of Equity Shares of STS Holdings Limited

Intimation of Acquisition of Equity Shares of STS Holdings Limited by a Subsidiary of the Company

ASTERDM
SEBI RA – Shubh Consultancy – Sunil Kotak – INH000015826 Chemistry Intermediate Holdings Limited, company incorporated in Mauritius and a subsidiary of Aster DM Quality Care Limited (“Company”), has acquired equity shares of STS Holdings Limited, a company incorporated in Bangladesh. The said acquisition is in line with the Merger Framework Agreement executed on 29 November 2024, amongst Quality Care India Limited, Aster DM Healthcare Limited, Dr. Azad Moopen, Union Investments Private Limited, Union (Mauritius) Holding Limited, BCP Asia II Topco IV Pte. Ltd., Centella Mauritius Holdings Limited and Sri Sainatha Multispeciality Hospitals Private Limited. The acquisition has also been disclosed in the Scheme of Amalgamation between Quality Care India Limited and Aster DM Healthcare Limited, which has been approved by the Hon’ble National Company Law Tribunal, Hyderabad Bench, vide its order dated 19 June 2026. Brief about target company: STS Holdings Limited is a Bangladesh based company focused on healthcare services and related training. Turnover: BDT 10,534.24 Million All this is for information This is not a buy/sell recommendation. Thank you, Technofunda24

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