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Cadila Healthcare acquires remaining stake in two subsidiaries

14 Nov 2019 Evaluate

Cadila Healthcare has acquired 15% equity share capital of Zydus Technologies (ZTL), a subsidiary company in which the company is already holding 85% equity share capital. Pursuant to the same, ZTL has become a wholly owned subsidiary company.

Further, the company has also acquired 15% common stock of Zydus Noveltech Inc., USA (ZNI), a subsidiary company in which the company is already holding 35% common stock. In view of the same, both ZTL and ZNI will become wholly owned subsidiary companies of the company.

Cadila Healthcare is an India-based pharmaceutical company. The company's subsidiaries include Zydus Wellness, Liva Pharmaceuticals, Biochem Pharmaceutical Industries, Zydus Technologies, German Remedies, Dialforhealth India, Dialforhealth Unity and Dialforhealth Greencross, among others.

 

Zydus Lifesciences Share Price

938.90 -1.20 (-0.13%)
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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