Saturday, June 21, 2025

Creating liberating content

Yeah, we know it is so tempting to reach for

Related News

The Centre and Karnataka government have agreed to jointly compensate mango farmers in the state for up to 2.5 lakh tonnes of produce after a sharp decline in market prices,

Yeah, we know it is so tempting to reach for those French fries or a cheeseburger. But it is time to think if they are doing any good to your

When symptoms go beyond the area of the bite, including fever, body pains, nausea, vomiting, or tiredness, the issue is more serious. These indications can be indicative of mosquito-borne illnesses

Capital gains from sale of mutual funds (MFs) are taxable In India, under both the old and new income tax regimes. (AI image) Income Tax Return Filing AY 2025-26: One

Access Denied You don’t have permission to access ” on this server. Reference #18.34fdd417.1750519603.7ef697f Source link

In a world obsessed with skincare serums, lasers, and chemical peels, there’s a simple, natural, and surprisingly effective anti-aging secret you might be overlooking – facial yoga. On this International

Trending News

Capital gains from sale of mutual funds (MFs) are taxable In India, under both the old and new income tax regimes. (AI image) Income Tax Return Filing AY 2025-26: One

Access Denied You don’t have permission to access ” on this server. Reference #18.34fdd417.1750519603.7ef697f Source link

Emcure Pharmaceuticals on Saturday said it will acquire the remaining 20.42% stake in its subsidiary Zuventus Healthcare Ltd from minority shareholders for Rs 724.9 crore, making it a wholly owned

NEW DELHI: State-run power major NTPC Ltd on Saturday said its board has approved a proposal to raise up to Rs 18,000 crore through issuance of non-convertible debentures (NCDs) or

The government has told a parliamentary committee that domestic production of pulses and edible oils has risen at a greater pace in the last 10 years compared to the previous

Vishnusurya Projects and Infra Ltd has secured an order worth Rs 23.57 crore from Gorantla Geosynthetics Ltd for replacement and construction of a Benzol storage unit, Benzol Recovery Plant-2 and

Emcure stake buy: Pharma firm to acquire 20.42% in Zuventus for Rs 724.9 crore; full ownership to aid consolidation

Word Count: 499 | Estimated Reading Time: 3 minutes


Emcure stake buy: Pharma firm to acquire 20.42% in Zuventus for Rs 724.9 crore; full ownership to aid consolidation

Emcure Pharmaceuticals on Saturday said it will acquire the remaining 20.42% stake in its subsidiary Zuventus Healthcare Ltd from minority shareholders for Rs 724.9 crore, making it a wholly owned unit. The company’s board has approved entering into an agreement with the minority shareholders of Zuventus Healthcare for the acquisition, Emcure said in a regulatory filing, PTI reported. “An aggregate consideration of Rs 724.9 crore (is) payable in cash in one or more tranches on closing, based on valuation,” it said. Following the completion of the transaction, which is expected to close in the September quarter of FY26, Zuventus will become a fully owned subsidiary of Emcure. The company currently holds a 79.58% stake. Emcure said the domestic market remains a strategic priority and full ownership of Zuventus will allow for complete financial consolidation. “This transaction will drive long-term value creation for Emcure, through alignment across its domestic business and unlock synergies,” the filing said.





Source link

Sign In

Welcome ! Log into Your Account