Aster DM Healthcare Limited (NSEI:ASTERDM) entered into an agreement to acquire 86% stake in Hindustan Drug House for approximately INR 170 million on June 29, 2021. Total revenue report for FY 2019-20 of Hindustan Drug House is approximately INR 680 million.

Aster DM Healthcare Limited (NSEI:ASTERDM) completed the acquisition of 86% stake in Hindustan Drug House for approximately INR 150 million on September 16, 2021. Under the terms, Aster DM acquired 86,000 shares at a price of INR 1721.58 per share. Hindustan Drug House converted into a private limited company named Hindustan Pharma Distributors Private Limited. In FY 2020-21, Hindustan Drug reported turnover of approximately INR 650 million.