Latest news with #DrAzadMoopen
Al Bawaba
a day ago
- Business
- Al Bawaba
Dr. Azad Moopen, Founder & Chairman, Aster DM Healthcare features among India's Top 5 cash-rich promoters
Dr. Azad Moopen, Founder & Chairman, Aster DM Healthcare is now among India's top five promoter-investors in India in FY25, with a dividend income of ~₹2,594crore. He is the only entrepreneur from Kerala to be featured on the prestigious list, which includes prominent industrialists like Mukesh Ambani, Anil Agarwal, and Azim Premji. The company had declared a special dividend of Rs.118.0 per equity share, a final dividend of Rs.2.0 per equity share and an interim dividend of Rs.4.0 per equity share in FY25. The promoters currently hold 42% stake in Aster DM milestone reflects not just personal wealth creation, but the robust financial health and operational performance of Aster DM Healthcare—an integrated healthcare organization built with the mission of providing accessible, high-quality care across India and same year Aster also announced its landmark merger with Quality Care India Ltd. (QCIL). The merger positions Dr. Moopen led Aster DM Quality Care Ltd. (the combined entity) backed by Blackstone among India's top three hospital chains, with 38 hospitals and over 10,300 beds across 27 many other promoters in the list, Dr. Moopen's rise stems from an enterprise that prioritizes clinical excellence and community care. From a single clinic in Dubai in 1987 to 900+ healthcare facilities across India and GCC and employing over 34,000+ professionals across seven countries, Dr. Moopen's journey exemplifies sustainable, impact-driven entrepreneurship. Dr. Moopen is recipient of Padma Shri, 4th highest civilian award by the Government of India in 2011 and has also been honoured with the 'Pravasi Bharatiya Samman' by the Government of India. Dr. Moopen's initiatives have played a pivotal role in expanding access to healthcare for underserved communities, underscoring his dual legacy as both a compassionate healer and visionary business leader. Recognising the urgent need for quality medical education and infrastructure in Wayanad, he established Dr. Moopen's Medical College—the first medical college in Kerala to be set up in a hilly, tribal, and backward district, marking a transformative step in uplifting healthcare access in set up Aster Volunteers in 2016 which has grown to become one of the largest volunteering organisation globally with 85000+ volunteers working to provide disaster and improve medical access to remote areas. Following the devastating floods in Kerala in 2018, he pledged to rebuild lives by constructing homes for those affected, a promise he fulfilled in 2022 by handing 255 homes across the state. During the 2023 landslides in Wayanad, Dr. Moopen led from the front, directing his team and medical professionals to ensure swift deployment of aid and critical healthcare services. As Aster DM Healthcare enters its next phase of growth, Dr. Moopen's journey stands as a powerful example of how healthcare, rooted in purpose, can also become a powerful engine of sustainable financial value.
Khaleej Times
2 days ago
- Business
- Khaleej Times
Dr Azad Moopen ranks among India's top 5 cash-rich promoters
Dr. Azad Moopen, founder and chairman of Aster DM Healthcare, has been ranked among India's top five cash-rich promoters in FY25, earning a dividend income of Rs 25.94 billion. He is the only entrepreneur from Kerala on the elite list, alongside industrial heavyweights like Mukesh Ambani, Anil Agarwal, and Azim Premji. Aster DM Healthcare declared a special dividend of Rs118 per share, a final dividend of Rs2 per share, and an interim dividend of Rs 4 per share in FY25. With a 42 per cent promoter stake, the company's financial performance underscores its strong fundamentals and strategic growth. Aster's recent merger with Quality Care India Ltd., backed by Blackstone, has created one of India's top three hospital networks — Aster DM Quality Care Ltd — with 38 hospitals and over 10,300 beds across 27 cities. From a single clinic in Dubai in 1987, Dr. Moopen has built a global network of over 900 facilities and 34,000 employees across seven countries. He also established Kerala's first medical college in a tribal district and founded Aster Volunteers, one of the world's largest medical volunteer networks with over 85,000 members. Honoured with the Padma Shri and Pravasi Bharatiya Samman, Dr. Moopen continues to drive impact-led healthcare expansion. His rise reflects a rare blend of financial acumen and social commitment, proving that sustainable entrepreneurship can create both value and lasting change.
Khaleej Times
08-06-2025
- Health
- Khaleej Times
'Legacy will live on': Hundreds gather in Dubai to mourn renowned Indian doctor
Hundreds of people gathered at Al Quoz cemetery late on Sunday to bid farewell to Dr Nazar Moopan, a well-loved member of the medical community and nephew of Dr Azad Moopen, Founder Chairman of Aster DM Healthcare. Well-wishers and friends flew in from India and other Gulf countries to pay their respects to the doctor who passed away peacefully in Dubai on Sunday, surrounded by his family. 'It is with deep sorrow and a profound sense of loss that we mourn the passing of Dr Nazar Moopan,' said Dr Azad Moopen. 'Dr Nazar was not only a pillar of our medical community but also a compassionate doctor, a committed leader, and a beloved colleague to many within the Aster family. For over two decades, Dr Nazar has worked at Aster DM Healthcare and at the time of his death, he was the Medical Director and ENT Consultant at the group's facility in Qatar. He is survived by his wife Wahida and his children Neda, Nimmi and Zain. According to Dr Azad, Dr Nazar 'dedicated his life to the service of others' for decades, exemplifying the values of integrity, excellence, and empathy. 'His contributions to healthcare in Qatar have left an indelible mark, and his legacy will live on through the countless lives he touched with his skill and kindness,' he said.
Tahawul Tech
02-06-2025
- Business
- Tahawul Tech
Aster DM Healthcare recognised for Workplace quality
In a region marked by rapid change and intense competition across sectors, the concept of a 'workplace' has evolved into a defining pillar for building resilient, sustainable institutions. Nowhere is this more vital than in healthcare—where success hinges not only on the quality of medical services, but equally on empowering the people behind them: doctors, nurses, and administrators. Organisations that place people at the heart of their mission—and foster cultures rooted in trust, respect, and belonging—are proving to be the most adaptable and enduring in today's demanding environment. Among the most striking examples of this philosophy is Aster DM Healthcare, which was recently certified as a Great Place to Work® in four Gulf countries: Saudi Arabia, the UAE, Oman, and Qatar. The accolade comes from the global authority Great Place to Work®, and is based entirely on employee feedback regarding trust in leadership, fairness of policies, sense of belonging, and inclusivity in the workplace. 38 Years of Commitment Since its founding 38 years ago by Dr. Azad Moopen, Aster has pursued a clear vision: people come first—not as a slogan, but as a deeply embedded corporate ethos. Today, the group employs over 15,000 people, 76% of whom indicated high satisfaction, calling Aster 'one of the best places to work'. Aster's success isn't measured solely in business metrics, but in the core values it upholds daily: Passion, Compassion, Integrity, Excellence, Unity, and Respect. These values are echoed in the group's signature promise—'We'll Treat You Well'—which applies not only to patients, but to every person working under its umbrella. The result is a workplace that feels like family—supportive, ambitious, and committed to professional growth. Voices From Within Alisha Moopen, CEO of Aster DM Group, spoke proudly of the recognition: 'Our employees are our greatest strength. We've spent years building a culture that embraces humanity before all else. This global recognition reflects an inspiring work environment that supports and empowers every individual'. In Saudi Arabia, where Aster's operations have expanded significantly, Mohammed Al Shammari, CEO of Aster Hospitals and Clinics KSA, shared his thoughts: 'We believe a positive work environment directly reflects on the quality of healthcare. We're not just building facilities—we're shaping leaders and unlocking human potential. We continue to invest in our people and empower Saudi talent to drive our humanitarian mission and meet the evolving goals of the Kingdom's health sector'. Empowerment at the Core What sets Aster apart is not only its safe and inclusive atmosphere, but its active employee empowerment model. Through open communication policies, skills development programs, mental health support, and peer networks, the group creates a workplace where employees feel like true partners—not just task-doers. This approach boosts both satisfaction and long-term loyalty. As Jacob Jacob, Group Chief Human Resources Officer, puts it: 'True competitive advantage today isn't about technology or buildings—it's about people. We're building a culture based on trust and growth. When employees are valued and empowered, they perform better. We are fully committed to their professional and personal development'. A Global Seal of Approval The recognition from Great Place to Work® is especially meaningful because it's awarded based on internal feedback, not external metrics. As Sarah Lewis-Colin, VP of Global Recognition at the organisation, noted: 'This certification is given only to institutions that demonstrate genuine commitment to their people. Aster is one of the few that succeed in this. Our real-time evaluation confirms it's among the best places to work—an ideal environment for growth and achievement'. Saudi Market Expansion Aster's footprint in the Saudi market currently includes Aster Sanad Hospital in Riyadh, 16 pharmacies, and the digital platform myAster, which allows users to book appointments, receive consultations, and manage prescriptions online. With ambitious growth plans, Aster is investing SAR 1 billion over the next three years to open 30 new medical centres, 5 hospitals, and 180 pharmacies, while creating around 4,900 new jobs for Saudi professionals—supporting national Saudization goals and strengthening the Kingdom's healthcare ecosystem. These efforts were recently recognised on the global stage, as five Aster hospitals were listed among the World's Best Hospitals 2025 by Newsweek and Statista. Aster Sanad Hospital ranked 38th in Saudi Arabia, underscoring the group's commitment to excellence, innovation, and patient-centred care. Healing Begins Within Aster firmly believes that quality healthcare begins on the inside—with the caregivers themselves. As Saudi Arabia redefines quality of life and professional development through Vision 2030, Aster stands as a model of how a human-centred, sustainable workplace is not only possible—but essential. Today, Aster operates an integrated network of 15 hospitals, 121 clinics, and 306 pharmacies across the Gulf and Jordan, under leading brands such as Aster, Medcare, and Access. It remains dedicated to its founding promise: 'We'll Treat You Well.' Image Credit: Aster DM Healthcare
