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Zota Health Care has acquired additional shares of its wholly-owned subsidiary, Davaindia Health Mart Limited, for Rs 119.52 Cr. This strategic move isn't an external purchase but an internal capitalization, converting outstanding unsecured loans and interest into equity. This will significantly strengthen Zota's consolidated balance sheet by reducing group debt and boosting net worth. Davaindia operates a rapidly growing chain of 1,855 Davaindia Generic Pharmacy stores, with FY26 turnover of Rs 267.71 Cr, solidifying Zota's presence in the retail pharma market.