ALPHA TRIBE

Emcure Pharmaceuticals LimitedJV/Acquisition, 03-10-2025: Acquisition

03-10-2025 | 07:03 pm

Emcure Pharmaceuticals has completed the acquisition of the remaining 20.42% stake in its pharmaceutical subsidiary, Zuventus Healthcare Limited, for ₹724.9 Cr. This transaction elevates Zuventus to a wholly-owned subsidiary status, consolidating Emcure's control over this key asset. Zuventus reported a FY25 turnover of ₹1,079.9 Cr and a PAT of ₹134.8 Cr. This strategic move is expected to streamline operations and enhance integration within Emcure's core pharma business, ensuring full strategic alignment.

No comments yet. Be the first to comment!

All announcements from Emcure Pharmaceuticals Limited