This is to inform you that Aster DM Healthcare Limited ('the Company') has acquired additional 1.87% stake in Malabar Institute of Medical Sciences Ltd (MIMS), a material subsidiary of the Company from several minority shareholders as on March 27, 2023. Consequent to the said acquisition, shareholding of the Company in MIMS has increased from 74.14% to 76.01%. MIMS is a material a subsidiary of Aster DM Healthcare Limited and operates hospitals in Kerala.\r\n\r\nThe details required as per circular number CIR/CFD/CMD/4/2015 dated September 09, 2015 pertaining to continuous disclosure requirements for listed entities under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, has been enclosed as Annexure I.