Kerala Ayurveda (KAL) has received approval for entering into a Business Transfer Agreement (BTA) for purchase of Nutraceutical product range- Nutraveda, one of the Business Undertakings of Katra Phytochem India (KPIPL). The company is already present in the business of manufacturing and selling ayurveda products. The proposed transaction will help the company to expand its presence in the said space through increase in product pipeline. The Board of Directors of the company at its meeting held on July 12, 2023 has approved the same.
KAL was founded on the banks of river Periyar at Aluva, Kochi, Kerala, India in 1945 by Late Vaidyan K G K Panicker, the renowned Ayurvedacharya. He was a doyen in Ayurvedic system, a visionary and a mentor.
Company Name | CMP |
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Sun Pharma Inds. | 1520.00 |
Dr. Reddys Lab | 6050.00 |
Cipla | 1383.40 |
Zydus Lifesciences | 1006.10 |
Lupin | 1616.90 |
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