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Merger & Restructuring

Alembic Pharmaceuticals Merger & Restructuring Worth ₹1.85 Cr

Alembic Pharmaceuticals Limited incorporated a new subsidiary, Alembic Lifesciences Philippines Inc., in the Philippines. The company invested 12 million Philippine Pesos (₹1.85 Crore) for a 99.99% stake to promote and distribute pharmaceutical products in the region. This expansion marks a strategic entry into the Philippines market.

Key figures
Value₹1.85 Cr
Source

NSE filing, NSE: APLLTD. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Alembic Pharmaceuticals Ltd: key numbers

Share price
₹782.80
Market cap
₹15,387 Cr
Revenue (annual)
₹7,345 Cr
Net profit (annual)
₹674.8 Cr
P/E (TTM)
22.2×Sector 46.1×
Promoter holding
69.87%+0.00% QoQ
FII holding
4.55%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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18:52 IST BSE
Regulatory Approval

Alembic Pharmaceuticals Regulatory Approval

Alembic Pharmaceuticals received USFDA final approval for Ciprofloxacin and Dexamethasone Otic Suspension USP. This drug is therapeutically equivalent to the reference product Ciprodex Otic Suspension.

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19:53 IST NSE
Merger & RestructuringEmkay Global Financial Services Ltd EMKAY

Emkay Global Financial Services Merger & Restructuring Worth ₹30 Cr

Emkay Global approved transferring two subsidiaries to new subsidiary ECPL and slump-selling its wealth business. Up to Rs.30 Crore rights investment in ECPL was also approved.

Value
₹30.00 Cr
Execution
Divestment completion expected within 90 days of SPA execution, subject to regulatory approvals