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Hamps Bio gets nod to acquire 100% stake in HSDL Innovative

16 Feb 2026 Evaluate

Hamps Bio has received approval for the acquisition of 100% paid-up equity share capital of HSDL Innovative for a total purchase consideration of Rs 2.03 crore in cash, by way of purchase of equity shares from the existing shareholders of the HSDL Innovative.

The management of the company has proposed to acquire the HSDL Innovative to make it a Wholly Owned Subsidiary (WOS) with an objective to consolidate the business of freeze-drying food process and freeze-drying fruits, vegetables, herbs and ready to eat foods under the umbrella of Hamps Bio.

On completion of the said purchase, HSDL Innovative will become a WOS of the company. The Board of Directors of the company at its meeting held on February 14, 2026, has approved the same.

Hamps Bio is engaged in the ethical marketing and distribution of pharmaceutical formulation products (Pharma) as well as the manufacturing of freeze dried and frozen products.

Hamps Bio Share Price

22.00 0.00 (0.00%)
13-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
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