Top-tier hospital network
Upon completion, the merged entity is set to become one of India’s top three hospital chains by capacity, with more than 10,625 beds across 39 hospitals.
The network will span 9 states and 28 cities, supported by over 36,300 employees and clinicians. The platform will serve millions of patients annually across hospitals, clinics, laboratories and related healthcare services.
Aster said the merger will combine its existing healthcare operations with QCIL’s institutional backing, aiming to strengthen clinical capabilities and expand access to care.
Expansion strategy in focus
Founder Chairman Azad Moopen said the strong voting outcome signals investor confidence in the deal’s long-term value.
The combined platform is expected to scale operations, invest in clinical infrastructure and improve service delivery across India’s healthcare market.
Aster currently operates 20 hospitals with 5,451 beds in India, along with clinics, pharmacies and diagnostic centres across five states.
The merger is part of a broader strategy to build a larger, integrated healthcare network capable of meeting rising demand for medical services in the country.
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Before returning to his Middle Eastern roots, where he was born and raised, Justin worked as a Business Correspondent at Reuters, reporting on equities and economic trends across both the Middle East and Asia-Pacific regions.