Zota Health Care LImited — JV/Acquisition, 13-06-2025: Acquisition

Zota Health Care has infused Rs. 49.24 Cr into its subsidiary Davaindia Health Mart Limited, acquiring an additional 1,18,518 shares via a rights issue. DIHML runs a fast-growing generic pharmacy chain with 900+ stores across 15+ states and reported Rs. 109.93 Cr turnover in FY 2024-25. This move bolsters DIHML’s expansion and working capital, enhancing Zota’s reach in the retail generic pharmacy market and supporting strong growth momentum across India.