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Strides Pharma’s arm acquires Neviton Softech

Strides Pharma Science Ltd. | Pharmaceuticals & Drugs | Healthcare | BSE: 532531 | NSE: STAR

17 Feb 2026 Evaluate

Strides Pharma Science’s wholly owned subsidiary -- Arco Lab has completed the acquisition of Neviton Softech (Neviton). Neviton is engaged in providing IT services and engineering solutions to a diverse range of businesses. Neviton’s core expertise includes developing machine interfaces through IoT devices and integrating live data feeds into real time applications. Arco Lab had previously acquired a 25% equity stake in Neviton in August 2022, followed by an additional 25% stake in January 2024. Pursuant to the current transaction, Arco Lab has acquired the remaining 50% equity interest in Neviton. Subsequently, the Neviton has become a wholly owned subsidiary of Arco Lab and step-down subsidiary of the company with effect from February 16, 2026. The 50% stake in Neviton has been acquired for a consideration of 2 million euros or around Rs 21.77 crore.

Arco Lab was established to provide best-in-class business services in driving business and IT transformation, cost efficiencies and operational excellence and serve as a Global Life Science Capability Centre. Arco Lab also provides IT Infrastructure services, Enterprise Application Services, Manufacturing IT Services, New Technologies and Cybersecurity services. With the investment, Neviton and Arco Lab synergize their strengths and enables Arco Lab to offer better knowledge-based and IT services ensuring higher scale, scope and significant cash savings and enable better internal group wise digitization process. Accordingly, Neviton’s acquisition is complementary to Arco Lab’s business objectives.

Strides Pharma Science (Formerly Strides Shasun) is a pharmaceutical company with a major focus on development and manufacture of IP-led niche finished dosage formulations. It is also among the world’s largest manufacturers of soft gelatin capsules.

Strides Pharma Scien Share Price

997.65 1.75 (0.18%)

21-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Sun Pharma Inds.	1665.25
Dr. Reddys Lab	1220.75
Cipla	1232.90
Zydus Lifesciences	928.85
Lupin	2311.75
View more..

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Strides Pharma’s arm acquires Neviton Softech

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