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Consolidation with Purpose

BW Businessworld

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August 09, 2025

Aster DM Healthcare's finance team drives one of India’s largest healthcare mergers, prioritising alignment, governance and value creation

Consolidation with Purpose

FOR HITESH DHADDHA, CHIEF Investor Relations & M&A Officer of Aster DM Healthcare, finance leadership is defined by how well it aligns strategy with purpose. His team’s recent work exemplifies how financial architecture and disciplined execution can help create value that extends beyond the balance sheet.

A Defining Strategy

The ongoing merger between Aster DM Healthcare and Quality Care India (QCIL) has been a pivotal focus area. “The most defining financial strategy we've led over the past year is the ongoing Aster DM Healthcare and QCIL merger, backed by Aster’s promoters and Blackstone. This represents one of the largest consolidation efforts in India’s healthcare sector, and once completed, has the potential to establish one of the top three hospital chains in the country,” Dhaddha explains.

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