Vasa Denticity Limited — Board Meeting, 01-08-2025: Outcome of Board Meeting
01-08-2025 | 12:34 pm
01-08-2025 | 12:34 pm
Vasa Denticity's board has approved a major strategic move: acquiring a 51% controlling stake in IDS Denmed Private Limited, a key offline dental distributor. This two-part deal involves a cash payment of ₹50.01 Cr for 19.92% and a share swap (issuing 12.34 lakh shares at ₹632/share, valued at ₹78.00 Cr) for the remaining 31.08%.
The total acquisition cost is ₹128.01 Cr. This aims to build an integrated dental supply ecosystem, leveraging IDS Denmed's ₹240.1 Cr turnover (FY25). An Extraordinary General Meeting (EGM) is scheduled for August 25, 2025, for shareholder approval of this acquisition.
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