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Aster DM Quality Care Share Price in Focus; Fractional Share Sale Proceeds Distributed to Shareholders

Written by: Team Angel OneUpdated on: 9 Nov 2026, 7:55 pm IST
Aster DM Quality Care says it has distributed proceeds from the sale of 65 fractional shares to eligible former Quality Care India shareholders.
Aster DM Quality Care Share Price
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Aster DM Quality Care Limited, formerly known as Aster DM Healthcare, has completed the distribution of proceeds from the sale of fractional shares created during its merger with Quality Care India Limited. 

The company said the payment process was carried out on November 3, 2026. A small amount linked to eight shareholders could not be transferred and is still being held on their behalf. 

65 Fractional Shares Sold on NSE 

The fractional shares came from the share allotment made to eligible Quality Care India shareholders after the merger. Aster had allotted 35,35,51,410 equity shares on July 13, 2026. The process also resulted in 65 fractional shares, which were held in trust by CTL Trusteeship Limited. 

These 65 shares were sold on the National Stock Exchange on October 8, 2026, at an average price of ₹676.0669 per share. 

Most of the Sale Proceeds Distributed 

The filing puts the gross sale proceeds at ₹43,944.35. After brokerage and other transaction charges of ₹65.92, the company reported net proceeds of ₹43,834.43 available for distribution. 

Aster said ₹1,886.45 relating to eight eligible shareholders could not be successfully remitted. The amount remains with the company, which said it will continue taking steps to facilitate payment to those shareholders. 

The Audit Committee and Independent Directors have certified the distribution of the proceeds in proportion to shareholders' fractional entitlements, with the eight pending payments being the exception. 

Read More: NIFTY FINANCIAL SERVICES Index Climbs Above 27,200 Mark in Intraday Trade on November 9, 2026! 

Aster DM Quality Care Share Price Performance 

As of November 09, 2026, at 1:09 PM, Aster DM Quality Care share price was trading at ₹724.70 per share, reflecting a 3.29% decline from previous closing price. 

Conclusion 

With the distribution process largely completed, Aster DM Quality Care has settled the proceeds arising from the fractional shares created during the merger. Payments relating to eight shareholders remain pending. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Nov 9, 2026, 2:24 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.
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