Corporate News     27-May-24
Aster DM Healthcare plans Rs 250 cr additional infrastructure expansion for Aster CMI Hospital, Bengaluru

Aster DM Healthcare has announced its expansion plan for Aster CMI Hospital, a leading multispecialty hospital in Bengaluru.

The unit will have an additional infrastructure expansion of 300,000 sq feet thereby increasing its bed capacity from the existing 500 beds to 850 beds.

With this development, the company is further strengthening its presence in Bengaluru, reaching a cumulative bed strength of 1602 beds, thereby becoming one of the largest healthcare providers in the city. The Company will invest around Rs. 250 crore to upgrade the existing facility and is expected to be commissioned by FY2027.

Spread across an area of 4.45 lakh square feet in Hebbal, Bangalore, Aster CMI Hospital, is one of the leading super-specialty hospitals with contemporary state-of-the-art facilities offering comprehensive primary care to quaternary care services. Since its launch in 2016, the hospital has secured its place as one of the best multispecialty hospitals in the country today - a testament to the hospital's dedication of continuously raising the bar for clinical standards in the country.

Previous News
  Broader mkt rallies; realty shares in demand
 ( Market Commentary - Mid-Session 06-Aug-24   10:32 )
  Aster DM Healthcare AGM scheduled
 ( Corporate News - 03-Jun-24   09:46 )
  Volumes soar at Aster DM Healthcare Ltd counter
 ( Hot Pursuit - 29-Nov-23   14:30 )
  Aster DM Healthcare consolidated net profit declines 92.85% in the June 2023 quarter
 ( Results - Announcements 15-Aug-23   09:17 )
  Aster DM Healthcare to hold board meeting
 ( Corporate News - 08-Feb-23   19:06 )
  Aster DM slides after Q4 PAT dips 24% YoY to Rs 171 cr
 ( Hot Pursuit - 26-May-23   13:00 )
  Aster DM Healthcare consolidated net profit rises 114.70% in the March 2022 quarter
 ( Results - Announcements 25-May-22   08:28 )
  Aster DM Healthcare appoints CEO
 ( Corporate News - 17-Mar-23   14:01 )
  Aster DM CFO Sreenath Pocha Reddy resigns
 ( Hot Pursuit - 06-Jan-23   09:46 )
  Aster DM Healthcare announces resignation of Group CFO
 ( Corporate News - 05-Jan-23   19:00 )
  Aster DM gains as arm to acquire Andhra-based hospital
 ( Hot Pursuit - 29-Dec-22   14:33 )
Other Stories
  CARE reaffirms ratings on bank facilities of PNC Infratech's subsidiaries
  05-Oct-24   10:45
  CG Power & Industrial Solutions to acquire radio frequency components biz of Renesas
  05-Oct-24   10:30
  MMP Industries to convene board meeting
  05-Oct-24   10:23
  Mahindra & Mahindra Financial Serv. to discuss results
  05-Oct-24   10:23
  Ambey Laboratories to hold board meeting
  05-Oct-24   10:23
  Aurobindo Pharma's step down subsidiary to divest its entire stake in JV 'Novagen'
  05-Oct-24   10:21
  Aurobindo Pharma's step down subsidiary to divest its entire stake in a South African JV
  05-Oct-24   10:19
  Just Dial announces board meeting date
  05-Oct-24   10:11
  L&T Finance schedules board meeting
  05-Oct-24   10:11
  Australian Premium Solar (India) announces board meeting date
  05-Oct-24   10:11
Back Top