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Genpharmasec acquires 70% stake in Derren Healthcare

11 Mar 2024 Evaluate

Genpharmasec has acquired 70% stake in Derren Healthcare. The objective of acquisition is to expand the activities of Genpharmasec and to make a foray in manufacturing of formulations.

Earlier, the company had executed a Share Purchase agreements and Share Subscription Cum Shareholder’s agreement with Derren Healthcare. 

Genpharmasec is an India-based company, which is engaged in pharmaceutical activities and trading in equity shares.

Peers
Company Name CMP
Redington 327.50
Adani Enterprises 2735.00
Amrapali Industries 33.57
Maxgrow India 172.35
Rashi Peripheral 738.20
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