Evoq Remedies Ltd — Others, 21-08-2025: Others
21-08-2025 | 07:44 pm
21-08-2025 | 07:44 pm
Evoq Remedies' Board has decided to withdraw its earlier approved proposals for issuing new equity shares. These shares were intended as part of a swap deal to acquire significant stakes in M/s. Poshan Nutriwell Private Limited and M/s. Spazio Formulations Limited. The company cited changes in market conditions and a strategic realignment as reasons for this decision. Consequently, these proposed acquisitions will not proceed, impacting Evoq Remedies' expansion plans and future business direction.
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