Indegene Limited — JV/Acquisition, 25-03-2025: Acquisition

Indegene Limited's wholly-owned subsidiary, Indegene Ireland, is set to acquire MJL Communications Group Ltd. and its subsidiary, MJL Advertising Ltd., on a debt-free cash-free basis for up to GBP 3.4 million. This strategic move aims to enhance Indegene’s footprint in the European healthcare communications market, leveraging MJL’s expertise and strong leadership to create synergies that support long-term growth. The acquisition, representing a full 100% ownership of MJL, is expected to be completed by March 31, 2025, aligning with Indegene’s expansion goals in this sector.