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Board Meeting Outcome

Covidh Technologies Board Meeting Outcome

iSERA Lifesciences Limited approved the acquisition of 100% stake in iSERA Biological Limited for ₹78 Crore via a share swap. The board also approved increasing authorised share capital to ₹25 Crore and adopting a new Memorandum and Articles of Association. The acquisition will make iSERA Biological a wholly-owned subsidiary, creating strategic synergies in the pharmaceutical sector.

Key figures
Value₹78.00 Cr
Source

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

Read the filing ↗

Covidh Technologies Ltd: key numbers

Share price
₹143.90
Market cap
₹121.0 Cr
Revenue (annual)
₹1.36 Cr
Net profit (annual)
₹0.26 Cr
P/E (TTM)
466.5×Sector 22.9×
Promoter holding
55.07%-3.56% QoQ
FII holding
0.01%Current quarter

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

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