International Conveyors Limited — JV/Acquisition, 24-10-2024: Acquisition

International Conveyors Limited has acquired 56,640 equity shares of Syngene International Ltd for ₹5.00 Crore in cash. Syngene operates in the healthcare research and analytics sector, with a turnover of ₹3,488.60 Crore for FY 2023-24. The acquisition aims to enhance investment prospects and is independent of any related party transactions. The deal is set for completion on October 24, 2024.