| The Company was incorporated as DM Healthcare Private Limited on January 18, 2008 at Kochi, Ernakulam, Kerala, India as a private limited company under the Companies Act, 1956. The name of the Company was changed to Aster DM Healthcare Private Limited and a fresh certificate of incorporation consequent upon change of name was issued on November 29, 2013. The name of the Company was changed from DM Healthcare Private Limited to Aster DM Healthcare Private Limited to align theselves with the brand name `Aster' and leverage the value of the brand.
Major events and milestones of the Company
1987
- The Promoter, Dr. Azad Moopen started a clinic in Dubai
1995
- The first specialty medical centre was launched in Dubai
2001
- MIMS Kozhikode Hospital commenced operations
2005
- Al Rafa Hospital for Maternity and Surgery (now called Aster Day Surgery Centre LLC) commenced operations
2006
- Medcare Hospital, commenced operations
2008
- 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
2009
- Al Raffah Hospital, the first hospital in Oman, commenced operations in Muscat
2010
- 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
2011
- Second Medcare Hospital, namely Medcare Orthopedics and Spine Hospital (Dubai) commenced operations
2012
- 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
2013
- The Company acquired 60.35% of the paid up equity share capital of IHPL and consequently MIMS became the Subsidiary.
2014
- 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
2015
- First clinic in the Kingdom of Bahrain commenced operations
- First clinic in the Philippines commenced operations
2016
- 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
2017
- 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
2001
- 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
2006
- MIMS Hospital, Kozhikode, India received NABH accreditation valid upto October 29, 2009 which was subsequently renewed up to October 29, 2018
2012
- 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
2013
- 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
2014
- Aster Pharmacy Group received the Best Service Performance Brand Award by Dubai Service Excellence Scheme
2015
- 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
2016
- 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
2017
- 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
2018
-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
2019
-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
2020
-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
2021
-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
2022
-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
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