With reference to the captioned subject, we would like to inform that as part of the Company's efforts to reduce the number of subsidiaries and to consolidate pharmacies operating in the UAE, Aster Pharmacies Group LLC and Aster Al Shafar Pharmacies Group LLC, subsidiaries of Aster DM Healthcare Limited ('the Company ') have consolidated pharmacies in the UAE, after securing all regulatory approvals from UAE authorities. Further, merger of Al Raffah Medical Centre LLC and Al Raffah Hospital LLC, Oman, subsidiaries of the Company, has been carried out to consolidated the operations of the clinics in Oman with operating hospital. There has been no economic change to the Company due to this consolidation and the beneficial ownership remains the same.
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