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Board Meeting Outcome

Sai Parenterals Board Meeting Outcome

Sai Parenterals Ltd's board approved an unsecured loan of approximately ₹11.91 Crore (AUD 1.75 million) to its wholly-owned subsidiary, Sai Singapore Pte. Ltd. The funds will be used for downstream investment in Noumed Pharmaceuticals Pty Limited, Australia, which is a step-down subsidiary of the company.

Key figures
Value₹11.91 Cr
Source

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

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Sai Parenterals Ltd: key numbers

Share price
₹484.05
Market cap
₹2,138 Cr
Revenue (annual)
₹381.0 Cr
Net profit (annual)
₹14.26 Cr
P/E (TTM)
103.0×Sector 46.1×
Promoter holding
51.16%+0.00% QoQ
FII holding
2.85%Current quarter

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

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18:36 IST BSE
New Order Win

Sai Parenterals Bags ₹204 Cr Order

Sai Parenterals' subsidiary, Noumed Pharmaceuticals, renewed a 3-year OTC Medicines Supply Agreement with an Australian pharmacy chain, valued at approximately ₹204 Crore.

Value
₹204.0 Cr
Execution
3 years

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