Entero Healthcare Solutions Limited — JV/Acquisition, 06-05-2026: Amalgamation/Merger
06-05-2026 · 07:30 pm
Entero Healthcare Solutions announced its subsidiary Rada Medisolutions received approval for the merger of Chethana Pharma Distributors and CPD Pharma into itself. This strategic move aims to simplify the group structure, enhance operational efficiency, and reduce costs. As the merging entities are wholly-owned by Rada Medisolutions, no new shares will be issued, leading to no shareholder dilution. Rada's authorized capital will increase from ₹80 Lakh to ₹1.35 Crore. The scheme was approved on April 17, 2026, with an effective date of April 15, 2025, streamlining the group's pharmaceutical distribution business.
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