BOARD MEETINGS

Meeting DatePurposeOutcomeNotice AttachmentOutcome Attachment
11-FEB-2020 ALLOTMENT OF SECURITIES, AUDITORS, BOARD CHANGES, FINANCIAL RESULTS, SUBSIDIARY ASTER DM HEALTHCARE LTD. HAS INFORMED THE EXCHANGE THAT THE BOARD OF DIRECTORS OF THE COMPANY AT ITS MEETING HELD ON 11-FEB-2020 HAS CONSIDERED AND APPROVED THE FOLLOWING: - 1) TAKEN ON RECORD THE FINANCIAL RESULTS. 2) PURSUANT TO SECTION 139 OF THE COMPANIES ACT, 2013 AND RULES MADE THEREUNDER, IT IS MANDATORY FOR THE COMPANY TO ROTATE THE CURRENT STATUTORY AUDITORS, B S R & ASSOCIATES LLP, CHARTERED ACCOUNTANTS, FROM THE CONCLUSION OF 12TH ANNUAL GENERAL MEETING TO BE HELD IN THE YEAR 2020, AS THEY HAVE COMPLETED MAXIMUM TERM PERMITTED UNDER THE SAID SECTION. THE BOARD OF DIRECTORS OF THE COMPANY, BASED ON THE PROPOSAL OF THE AUDIT COMMITTEE, RECOMMENDED THE APPOINTMENT OF DELOITTE HASKINS & SELLS, (FIRM REGISTRATION NO. 008072S), CHARTERED ACCOUNTANTS, AS THE STATUTORY AUDITOR OF THE COMPANY FOR A PERIOD OF 5 (FIVE) CONSECUTIVE YEARS FROM THE CONCLUSION OF ENSUING 12TH ANNUAL GENERAL MEETING TO BE HELD IN THE YEAR 2020 TILL THE CONCLUSION OF 17TH ANNUAL GENERAL MEETING TO BE HELD IN YEAR 2025, SUBJECT TO APPROVAL OF SHAREHOLDERS OF THE COMPANY. 3) DUE TO OTHER PROFESSIONAL ENGAGEMENTS AND CONFLICT OF INTEREST, MR. MANIEDATH MADHAVAN NAMBIAR (DIN:01122411), INDEPENDENT DIRECTOR, RESIGNED FROM THE BOARD OF DIRECTORS OF THE COMPANY WITH EFFECT FROM THE CLOSURE HOURS ON FEBRUARY 11, 2020. THE BOARD PLACED ON RECORD ITS APPRECIATION OF THE EFFECTIVE LEADERSHIP AND VALUABLE CONTRIBUTIONS MADE BY MR.MANIEDATH MADHAVAN NAMBIAR DURING HIS TENURE WITH THE COMPANY. PURSUANT TO RESIGNATION OF MR. MANIEDATH MADHAVAN NAMBIAR, THE COMPOSITION OF THE COMMITTEES OF THE BOARD CONTINUES TO BE IN COMPLIANCE WITH THE REQUIREMENTS OF APPLICABLE LAWS. 4) THE BOARD NOTED THE PROPOSAL OF ASTER DM HEALTHCARE FZC, A MATERIAL SUBSIDIARY OF THE COMPANY, TO ISSUE A 5-YEAR DOLLAR DENOMINATED LISTED BONDS FOR USD 400 MN FOR REPAYMENT OF THE CURRENT DEBT OF ASTER DM HEALTHCARE FZC, CAPEX AND GENERAL CORPORATE EXPENSES. Click here Click here
09-JAN-2020 BUYBACK ASTER DM HEALTHCARE LTD. HAS INFORMED THE EXCHANGE THAT THE BOARD OF DIRECTORS OF THE COMPANY AT ITS MEETING HELD ON JANUARY 09, 2020 APPROVED A PROPOSAL TO BUY-BACK UP TO 57,14,285 (FIFTY SEVEN LAKHS FOURTEEN THOUSAND TWO HUNDRED AND EIGHTY FIVE ONLY) EQUITY SHARES OF THE COMPANY FOR AN AGGREGATE AMOUNT NOT EXCEEDING RS. 120 CRORES (RUPEES ONE HUNDRED AND TWENTY CRORES ONLY) (THE "BUYBACK SIZE"), BEING 1.13% OF THE TOTAL PAID-UP EQUITY SHARE CAPITAL AT RS. 210 (RUPEES TWO HUNDRED AND TEN ONLY) PER EQUITY SHARE (THE "BUYBACK"). THE BUYBACK IS PROPOSED TO BE MADE FROM ALL EXISTING SHAREHOLDERS OF THE COMPANY AS ON THE RECORD DATE ON A PROPORTIONATE BASIS UNDER THE TENDER OFFER ROUTE IN ACCORDANCE WITH THE PROVISIONS OF THE COMPANIES ACT, 2013 AND THE SECURITIES AND EXCHANGE BOARD OF INDIA (BUY-BACK OF SECURITIES) REGULATIONS, 2018 (THE "BUYBACK REGULATIONS"). Click here Click here
12-NOV-2019 BOARD CHANGES, FINANCIAL RESULTS ASTER DM HEALTHCARE LTD. HAS INFORMED THE EXCHANGE THAT THE BOARD OF DIRECTORS OF THE COMPANY AT ITS MEETING HELD ON 12-NOV-2019 HAS CONSIDERED AND APPROVED THE FOLLOWING:- 1) TAKEN ON RECORD THE FINANCIAL RESULTS. 2) CONSTITUTION OF INVESTMENT COMMITTEE. Click here Click here
07-AUG-2019 ADDRESS CHANGE, BOARD CHANGES, FINANCIAL RESULTS, KEY MANAGEMENT PERSONS ASTER DM HEALTHCARE LTD. HAS INFORMED THE EXCHANGE THAT THE BOARD OF DIRECTORS OF THE COMPANY AT ITS MEETING HELD ON 07-AUG-2019 HAS CONSIDERED AND APPROVED THE FOLLOWING: - 1) TAKEN ON RECORD THE FINANCIAL RESULTS. 2) APPOINTMENT OF MS.ALISHA MOOPEN AS THE DEPUTY MANAGING DIRECTOR OF THE COMPANY FOR A TERM OF 5 YEARS W.E.F. AUGUST 7, 2019. 3) APPROVED THE SHIFTING OF REGISTERED OFFICE OF THE COMPANY FROM KOCHI, KERALA TO BANGALORE, KARNATAKA, SUBJECT TO THE APPROVAL OF THE SHAREHOLDERS. Click here Click here
28-MAY-2019 AUDITORS, ANNUAL/ EXTRA GENERAL MEETINGS, BOARD CHANGES, EXPANSION/ DIVERSIFICATION, FINANCIAL RESULTS, KEY MANAGEMENT PERSONS ASTER DM HEALTHCARE LTD. HAS INFORMED THE EXCHANGE THAT THE BOARD OF DIRECTORS OF THE COMPANY AT ITS MEETING HELD ON 28-MAY-2019 HAS CONSIDERED & TAKEN ON RECORD THE FOLLOWING:- 1) FINANCIAL RESULTS FOR YEAR ENDED MARCH 31, 2019. 2) DR.AZAD MOOPEN SHALL BE REAPPOINTED AS MANAGING DIRECTOR OF THE COMPANY FOR A TERM OF 5 YEARS, EFFECTIVE FROM DECEMBER 1, 2019. 3) M/S BSR & ASSOCIATES LLP SHALL BE APPOINTED AS THE STATUTORY AUDITORS OF THE COMPANY AT THE ENSUING AGM TO HOLD OFFICE TILL THE CONCLUSION OF THE 12TH AGM. 4) THE 11TH ANNUAL GENERAL MEETING OF THE COMPANY SHALL BE HELD ON 8TH AUGUST 2019. THE CUT-OFF DATE FOR ASCERTAINING THE LIST OF THE SHAREHOLDERS TO WHOM THE NOTICE OF THE 11TH AGM SHALL BE SENT HAS BEEN FIXED AS 5TH JULY 2019 AND FOR DETERMINING THE ELIGIBILITY OF SHAREHOLDERS TO VOTE ON THE RESOLUTIONS PROPOSED AT THE 11TH ANNUAL GENERAL MEETING OF THE COMPANY HAS BEEN FIXED AS 1ST AUGUST 2019. 5) COMPANY SHALL ENTER INTO A NEW LINE OF BUSINESS VERTICAL-ASTER LABORATORIES (PATH-LABS). 6) RE-CONSTITUTED THE NOMINATION AND REMUNERATION COMMITTEE, CORPORATE SOCIAL RESPONSIBILITY COMMITTEE AND STAKEHOLDERS RELATIONSHIP COMMITTEE. FURTHER, THE AUDIT AND RISK MANAGEMENT COMMITTEE HAS BEEN RECONSTITUTED AND RENAMED AS AUDIT COMMITTEE AND ALSO CONSTITUTED TWO NEW COMMITTEES- RISK MANAGEMENT COMMITTEE, MEDICAL EXCELLENCE COMMITTEE. Click here Click here
Note: Only those Board Meetings, as required to be filed under the Listing Regulations, are appearing in this section.