Aster DM Healthcare Limited Buyback 2020
(i) From a single clinic to a performance-driven healthcare enterprise spread across 308 establishments in 9 countries and growing, Aster DM Healthcare has transitioned into being a growing network across the Middle East, India, and the Far East.
(ii) Currently one of the largest and fastest-growing conglomerates in the MENA region, Aster DM Healthcare covers the full spectrum of healthcare services. An expansive portfolio includes hospitals, clinics, Diagnostic centers, and retail pharmacies.
(iii) Headquartered in Dubai, the Aster DM network now encompasses 17,594 employees, 2860 doctors with several JCI accredited Hospitals, clinics, and Diagnostic Centres.
Buy Back Offer Deal:
|Buyback Type:||Tender Offer|
|Buyback Record Date:||Jan 24 2020|
|Buyback Opening Date:||Feb 20 2020|
|Buyback Closing Date:||Mar 05 2020|
|Buyback Offer Amount:||₹ 120 Cr|
|Date of Board Meeting approving the proposal:||Jan 09 2020|
|Date of Public Announcement:||Jan 09 2020|
|Buyback Offer Size:||1.13%|
|Buyback Number of Shares:||57,14,285|
|Price Type:||Tender Offer|
|Buyback Price:||₹ 210 Per Equity Share|
Details of Buyback:
Salient financial parameters:
|Particulars (in Crores)||2019||2018||2017||2016||2015|
|Operating And Direct Expenses||2,525||2,160||2,002||1,723||1,338|
|Employee Benefit Expenses||2,688||2,271||2,055||1,629||1,154|
|Depreciation And Amortisation Expenses||306||298||322||243||144|
How to Participate in buyback?
Profit from the buyback on the bases of acceptance Ratio:
|Amount Invested in Buyback||1,56,910||1,56,910||1,56,910||1,56,910|
|No. of Shares buyback||314||476||714||952|