Aster DM Invests ₹134.4 Cr for Thiruvananthapuram Hospital Expansion

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Sep 01, 2026 11:03

Aster DM Quality Care's subsidiary KIMS Health Care will invest ₹134.4 Cr to expand its Thiruvananthapuram hospital, adding 184 beds by May 2028.

Key Points

Aster DM Quality Care's subsidiary will invest Rs 134.4 crore to expand its Thiruvananthapuram hospital.
The expansion includes a new block and optimization of existing facilities at KIMSHEALTH Hospital.
This project will add 184 beds, increasing the hospital's total capacity to approximately 979 beds.
The investment, funded by 70% debt and 30% equity, is slated for completion by May 2028.
The expansion aims to address space constraints and strengthen healthcare infrastructure in the region.

New Delhi, Sep 1 (PTI) Aster DM Quality Care Ltd has announced its subsidiary KIMS Health Care Management Ltd (KHML) will invest about Rs 134.4 crore to expand its hospital facility in Thiruvananthapuram, Kerala.

The Board of Directors of KHML has approved the construction of a new block and optimisation of existing facilities at KIMSHEALTH Hospital, the company said in a regulatory filing late on Monday.

The expansion will add 184 beds to the current capacity of 795 beds, taking the total count to approximately 979 beds, the filing said, adding that the project is slated for completion on or before May 2028.

The investment will be funded through a mix of 70 per cent debt and 30 per cent equity.

The company said that the move aims to address space constraints, facilitate the expansion of key specialties, and strengthen healthcare infrastructure in Thiruvananthapuram to support future growth.

Source: PTI By Rediff Money Desk, New Delhi

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