Aster DM Approves ₹580 Crore Expansion with 500-Bed Hospital in Bengaluru; Stock Gains 2.2%

Mumbai, July 31, 2025 – Shares of Aster DM Healthcare Ltd (NSE: ASTERDM, BSE: 540975) climbed 2.26% at 1:35 PM IST ₹606, reacting positively to strong Q1FY26 earnings and strategic expansion announcements.

Strategic Expansion in Bengaluru

The committee also approved a 30-year lease agreement with KEMWELL Private Limited for a built-to-suit composite property in Yeshwanthpur, Bengaluru. The facility will be developed into a new super-specialty hospital with 500 beds, targeted for completion in H2 FY28-29.

• Aster DM Healthcare has approved the development of a new 500-bed super-specialty hospital in Yeshwanthpur, Bengaluru.
• The expansion will take place on a built-to-suit property, secured through a 30-year lease with KEMWELL Private Limited.
• Of the total lease period, 12 years will serve as a lock-in duration for the lessee.
• To secure the property, Aster will pay a security deposit of ₹58.65 crore.
• The total estimated investment for the hospital project is ₹580 crore, which will be funded through a mix of internal accruals and bank loans.
• The new facility is expected to be completed during the second half of FY28-29.
• Once operational, the hospital will significantly expand Aster’s overall capacity, which stood at 5,159 beds as of March 31, 2025.
• Strategically located, the Yeshwanthpur site offers strong connectivity via the Green Line of Namma Metro and is close to the Yeshwanthpur railway junction.
• This move aims to meet the rising demand for quality healthcare services in the northwestern region of Bengaluru.

Aster DM Healthcare Stock Performance

Aster DM Healthcare shares are trading at ₹606.15, which is a 2.26% gain on July 31, 2025, at 1:35 PM IST. Aster DM Healthcare shares have gained 74% in the last year, 16% in the year-to-date, and a 1.6% gain in the previous month.

About Aster DM Healthcare

Aster DM Healthcare is one of the leading integrated healthcare service providers in the GCC and India, operating a network of hospitals, clinics, and pharmacies. With a strong focus on quality care and patient-centric innovation, the company caters to over 20 million patients annually.

REF: https://nsearchives.nseindia.com/corporate/ASTERDM2_30072025221728_Intimation_pressrelease.pdf

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