Aster DM Healthcare Ltd has agreed to buy 99.9% of Cantown Infra Developers LLP for ₹152 million, according to a press release from the company.
The acquisition, which involves only cash, is anticipated to be finished within a month.
According to the agreement, the business will use the land owned by Cantown Infra Developers to expand the Aster MIMS hospital in Kannur.
Aster DM Healthcare said the land, which lies next to the hospital boundary, is best suited to build more capacity and generate additional revenue.
Assam HS 12th Result 2025 To Be Announced Today On ahsec.assam.gov.in; Here’s How To Check Via SMS, Website, & Upolobdha App
Bombay HC Criticises BMC, MPCB Over Air Pollution Inaction, Directs Immediate Measures To Control Construction Dust, Garbage Burning And Emissions
Bombay HC To Hear Vile Parle Jain Temple Demolition Case, Temple Trust Seeks Permission For Temporary Shed Construction
Mumbai News: Colaba Residents Plan To File Multiple Petitions With Bombay HC After MMB Breaks Promise And Resumes VIP Jetty Work
The land is currently leased to the Aster MIMS hospital in Kannur as a parking facility, the company said.
