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Zota Health Care LImitedJV/Acquisition, 22-05-2026: Acquisition

22-05-2026 · 06:37 pm

Zota Health Care has bolstered its strategic position by acquiring an additional 39,794 equity shares in its Wholly Owned Subsidiary, Davaindia Health Mart Limited (DIHML), for **Rs. 20.20 Cr**. This move is aimed at fueling the expansion of DIHML's Company-Owned Company-Operated generic pharmacy chain, which currently boasts 1,656 stores, and meeting its working capital needs. DIHML's strong FY26 turnover of **Rs. 267.71 Cr** highlights the growth potential, further enhancing Zota's product portfolio and market reach in the pharmaceutical retail sector.

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