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Dr. Reddy’s concludes acquisition of 100% stake in Imperial Credit

04 Mar 2017 Evaluate

Dr. Reddy’s Laboratories has completed the acquisition of 100% stake in Imperial Credit, a non-banking finance company (NBFC), based out of Kolkata, for a consideration of Rs 2.05 crore.

The acquisition process was consummated on receipt of applicable regulatory approvals. The company proposes to undertake the group’s captive financial activities through this entity.

Dr. Reddy’s Laboratories is a multinational pharmaceutical company based in Hyderabad, Telangana in India. It manufactures and markets a wide range of pharmaceuticals in India and overseas.



Dr. Reddys Lab Share Price

1293.25 -13.55 (-1.04%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Sun Pharma Inds. 1847.30
Dr. Reddys Lab 1293.25
Cipla 1347.70
Zydus Lifesciences 938.90
Lupin 2377.90
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