Aster DM Healthcare Ltd Company History

The Promoter, Dr. Azad Moopen started a clinic in Dubai

The first specialty medical centre was launched in Dubai

MIMS Kozhikode Hospital commenced operations

MIMS Hospital, Kozhikode, India received the first place (certificate of merit) from the Kerala State Pollution Control Board for making a substantial and sustained effort in pollution control. MIMS subsequently received this certificate of merit in 2007, 2008, 2009, 2010, 2011, 2012 and 2013 for various hospitals

Al Rafa Hospital for Maternity and Surgery (now called Aster Day Surgery Centre LLC) commenced operations

Medcare Hospital, commenced operations

MIMS Hospital, Kozhikode, India received NABH accreditation valid upto October 29, 2009 which was subsequently renewed up to October 29, 2018

India Value Fund III A acquired 28.20% of the paid up Equity Share capital the Company calculated at the time of

investment

The Company acquired majority stake in PHL, Kolhapur

Al Raffah Hospital, the first hospital in Oman, commenced operations in Muscat

The Company acquired 100% of the paid up equity share capital of Affinity, Mauritius

Al Raffah Hospital, the second hospital in Oman, commenced operations in Sohar

Second Medcare Hospital, namely Medcare Orthopedics and Spine Hospital (Dubai) commenced operations

Olympus acquired 25.47 % of the paid up equity share capital of the Company

40.80% of the paid up equity share capital of Sanad Al Rahma for Medical Care LLC was conditionally acquired

MIMS Laboratory Services, MIMS received ISO 15189:2007 certification in the field of Medical Testing valid up to October 8, 2016, which was subsequently renewed as ISO 15189:2012 up to October 8, 2018

The Company acquired 60.35% of the paid up equity share capital of IHPL and consequently MIMS became the Subsidiary.

Medcare Hospital LLC, Dubai, UAE received JCI accreditation valid up to December 21, 2016, which was subsequently renewed up to November 10, 2019

Medcare Orthopaedics and Spine Hospital, Dubai, UAE received JCI accreditation valid up to December 19, 2016, which was subsequently renewed up to November 16, 2019

The Company acquired hospital operational and management rights in Aster CMC, Bangalore pursuant to the hospital operation and management agreement dated May 12, 2014

Aster Medcity was inaugurated in Kochi, Kerala

The Company acquired 51% voting rights in Sainatha Hospitals, Andhra Pradesh

We acquired 54% stake in Aster Kuwait

We acquired 51% stake in Orange Pharmacies LLC, Jordan

Aster Pharmacy Group received the Best Service Performance Brand Award by Dubai Service Excellence Scheme

First clinic in the Kingdom of Bahrain commenced operations

First clinic in the Philippines commenced operations

Aster Medcity, Kochi, India received NABH accreditation for compliance with the Certification Standards for Nursing Excellence valid up to March 30, 2017 which was subsequently renewed up to March 30, 2019

Aster Medcity, Kochi, India received NABH accreditation valid up to March 30, 2018

Aster Medcity, Kochi, India received the ISO 22000:2005 certification for production and service of food for patients, staff and patients’ relatives within the hospital from Bureau Veritas Certification Holding SAS – UK Branch, valid up to July 16, 2018

Aster Pharmacies Group LLC has been awarded ‘Superbrand’ status by the UAE Superbrands Council

Aster Medcity, Kochi, India received JCI accreditation valid up to June 19, 2018

The Company received the ‘National Awards for Excellence in Healthcare Award for Best Dialysis Service Provider’ by CMO Asia

The Company received the ‘National Awards for Excellence in Healthcare Award for Best Marketing Campaign – Healthcare Industry’ by CMO Asia

The Company received the ‘National Awards for Excellence in Healthcare Award for Best Healthcare Entreprenuer’ by CMO Asia

Dr. Ramesh Hospital (Labbipet branch) received NABH – entry level accreditation which is valid up to September 25, 2019

Aster Aadhar Hospital, Pune, Maharashtra received NABH accreditation which is valid up to June 3, 2018

Aster Jubilee Medical Complex, Dubai received JCI accreditation which is valid up to September 3, 2018

Al Raffah Hospital, Sohar received JCI accreditation which is valid up to August 26, 2018

The Company divested its stake in Medipoint Hospitals Private Limited, Pune

The Company acquired hospital operational and management rights in DM Wayanad Institute of Medical Sciences, Wayanad pursuant to a medical services agreement and an operation and management agreement, both dated March 4, 2016

The Company increased stake up to 70.68% in the paid up equity share capital of MIMS

We increased stake up to 97% stake in Sanad Medical Care

Acquisition of 51% stake in Dr Ramesh Hospital

The second clinic in Bahrain commences operations

Medcare Women and Child Hospital in Dubai was launched

Launch of the first multi-specialty hospital in Sharjah

The Company received the ‘Institutional Bravery Award’ for Distinguished Service in Flood Relief in Chennai and Cuddalore, 2015 by the Society for Emergency Medicine India

Aster Hospital Mankhool, Dubai received JCI accreditation which is valid up to June 2, 2019

Aster Medcity, Kochi, India received the ‘Quality Beyond Accreditation Award’ by the Association of Healthcare Providers (India)

The Company received the ‘National Awards for Excellence in Healthcare Award for Best Healthcare Entreprenuer’ by CMO Asia

Aster Medcity, Kochi, India received the ‘Dhanam Award 2016 - NRK Brand of the Year’ award

Aster Medcity, Kochi, India received the ‘Distinction in Quality of Service Delivery Award’ by Asia Healthcare

Aster Medcity, Kochi, India received the ‘Nursing Excellence Award’ by the Association of Healthcare Providers (India)

Aster Medcity, Kochi, India received the ‘Award for Best Quality Initiative in Healthcare’ by Asia Healthcare

The Company received the ‘Award for the Best Marketing Campaign’ by Asia Healthcare

The Company received the ‘National Awards for Excellence in Healthcare Award for Best Marketing Campaign’ by CMO Asia

Aster Medcity, Kochi, India received the Certificate of Honor from the NABH for being ‘One of the Best & Safest Hospitals in India’

Aster Medcity, Kochi, India received the first place (certificate of merit) from the Kerala State Pollution Control Board for making a substantial and sustained effort in pollution control

The Clinical Laboratory Services at Dr. Ramesh Hospital received NABL accreditation for medical testing in the disciplines of clinical biochemistry, clinical pathology, haematology and immunohaematology which is valid up to July 24, 2018

The Clinical Laboratory Services at Dr. Ramesh Hospital received NABL accreditation in medical testing which is valid up to September 5, 2018

Dr. Ramesh Hospital, (Guntur branch) has received NABH accreditation which is valid up to September 26, 2019

We received the Qadat Al Tagheer Award 2016” for Excellence in Healthcare Sector

We received the Frost and Sullivan ME growth award for Health Awareness Campaign of the Year, UAE (2016)

Aster Pharmacies Group received the Dubai Quality Appreciation Award for 2016 from the Government of Dubai

Aster Pharmacy received the Best Service Performance Brand Award by Dubai Service Excellence Scheme

Entered into an operation and management agreement with the Rashtreeya Sikshana Samithi Trust to operate and manage a hospital in Bengaluru

Medare Hospital Sharjah commenced operations

Aster Hospital Doha commenced operations

Awards and Accreditations

Aster CMI hospital received the ‘Best Hospitality in Healthcare’ award from the Times Network

Aster CMI hospital has been ranked as the 23rd best multi specialty hospital (national rankings), 7th best multi specialty hospital (South India) and 2nd best multi specialty hospital in Bangalore in the All India Multispecialty Hospital Ranking Survey 2017 by the Times Group

Aster CMI hospital has been ranked 12th in cardiac sciences (national rankings), 3rd in cardiac sciences (South India) and 2nd in cardiac sciences in Bangalore in the All India Critical Care Hospital Ranking Survey 2017 by the Times Group

Aster CMI hospital has been ranked 6th in nephrology (South India) and 3rd in nephrology in Bangalore in the All India Critical Care Hospital Ranking Survey 2017 by the Times Group

Aster CMI hospital has been ranked 11th in gastroenterology and hepatology (South India) and 3rd in gastroenterology and hepatology in Bangalore in the All India Critical Care Hospital Ranking Survey 2017 by the Times Group

Aster CMI hospital has been ranked 4th in neuro sciences Bangalore and 4th in urology in Bangalore in the All India Critical Care Hospital Ranking Survey 2017 by the Times Group

Aster CMI hospital has received the ‘CMO Asia Presents Asia Healthcare Excellence Award’ in the ‘best hospitality in healthcare’ category

Dr. Ramesh Hospital has received the Healthcare Excellence Award 2017 for Patient Centricity from FICCI

Aster Volunteers Mega Medical Camp Over 1400 workers in UAE benefit from marking World Health Day

Aster Volunteers bring happiness to more than 100 Women with the Launch of the DIVA Programme

Aster Pharmacy launches it's First Eco-Friendly Pharmacy in UAE.

Aster DM Healthcare wins Special Recognition at Arabia CSR Awards 2018

Aster DM healthcare promises INR 15 crores Aster Homes Fund to Rebuild Kerala.

Aster DM Healthcare conducts unique nerve pacing surgery on a 7 year old Kenyan Child

Aster DM Healthcare conducts Mobile Clinic to take Medical care to remote villages in Kozhikode District

Aster DM Healthcare wins Business Excellence Awards by Dubai

Aster Finance Service Centre Launched Across India

Aster DM Healthcare conduct 10km marathon brought together over 3000 participants

Aster DM Healthcare celebrates 33rd Foundation Day

Aster Volunteer Mobile Medical Services launched in Aster Medcity

Aster Volunteers hands over 100th Aster Home to Kerala's flood victims of 2018

Aster DM Healthcare wins 6 awards at AHPI in various categories

Aster DM Healthcare launches free tele-health consultation service in the UAE

Aster announces Support Package for Kerala to fight COVID-19

Aster Pharmacy to offer medicines at cost price to visitors stranded in the UAE due to COVID-19 Pandemic

Aster DM Healthcare launches 50 bed critical care Aster Hospital in Muhaisnah, Dubai

Aster Volunteers & Geojit foundation launched field hospital with 100 oxygen beds in Kochi

Aster DM Healthcare is a new organizational member of the Self-Insurance Institute of America (SIIA)

Aster DM Healthcare Signs Strategic Partnership with Roche Diagnostics

Aster launches Pink Parking to mark World Patient Safety Day

Aster DM Healthcare Limited has informed about completion of acquisition of shares in Sri Sainath Multispeciality Hospitals Private Limited.

Aster DM Group company 'Medcare' acquires majority stake in Skin 111 Clinics.

Aster DM Healthcare Limited has informed the Exchange about Capacity addition/product launch.

Aster DM Healthcare's pharmacy division forays into Bangladesh market