News | March 18, 2023
Eiko LifeSciences to acquire 5% stake in Vivacious Pharmatex
ELL will be the preferred source of supply for some the key Raw Materials to VPPL at "Arm's Length" transaction.
ELL will be the preferred source of supply for some the key Raw Materials to VPPL at "Arm's Length" transaction.
Natural Capsules Limited's shareholding will be reduced to 89.99%
This acquisition will boost Neogen's portfolio by offering organolithium derivatives to existing pharma industry
Agasta Software is engaged in research, development and commercialization of medical devices
India is working towards augmenting health infrastructure and have initiated multiple schemes to strengthen health systems and improve health service delivery
Advent will also be making an open offer to acquire additional 26% of the outstanding equity shares of the company from the public shareholders.
Post the sale, Patel family has become the single largest promoter shareholder in the company
The proceeds of the issue has been/will be reinvested in the company and to meet its own business requirements.
This will enable the company to consume 100% of the solar energy to be supplied by Ethan Energy India Private Limited from their 10 MW Solar Energy plant
The acquisition is for an enterprise value of Rs. 218 crores
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