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Laurus Labs to acquire stake in Laurus Bio

12 Sep 2023 Evaluate

Laurus Labs has signed Share Purchase agreements with one of the Promoters and non-executive director and his family members and also with few employees/ex-employee shareholders of Laurus Bio for purchase of 37,641 equity shares through secondary purchase. With this acquisition, the shareholding of the Company in Laurus Bio will become 87.58% on fully diluted basis (including outstanding share warrants and ESOP Pool). 

Laurus Labs is a leading research and development driven pharmaceutical company in India. The company has grown consistently to become one of the leading manufacturers of APIs for anti-retroviral (ARV) and Hepatitis C. It also manufactures APIs in oncology and other therapeutic areas.

Laurus Labs Share Price

1480.80 44.60 (3.11%)
23-Jun-2026 16:59 View Price Chart
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Company Name CMP
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