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Zydus Wellness informs about updates on acquisition

30 Nov 2024 Evaluate
Further to earlier letter dated October 30, 2024, the Company had entered into Share Purchase Agreement with the Promoters and other shareholders (‘the Sellers’) of Naturell (India) (‘the Target’), Zydus Wellness has informed that on November 29, 2024, the Company has acquired 98.14% equity share capital from the Sellers of the Target. The company is in the process of completing the necessary formalities to acquire balance 1.86% equity share capital of the Target, which is expected to be completed shortly.

The above information is a part of company’s filings submitted to BSE.
Peers
Company Name CMP
Nestle India 1364.30
Varun Beverages 434.70
Britannia Industries 4931.45
LT Foods 427.80
Hatsun Agro Product 1145.10
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