Acquisition / mergerNotableFiled on BSE ·

Piramal Pharma exercises call option to increase stake in Yapan Bio to 74%

Piramal Pharma · Pharmaceuticals & Biotechnology

Arthneeti Research DeskPublished 1 min read
74%Acquisition / merger

Key highlights

  • Approved acquisition of additional 41% equity in Yapan Bio Private Limited
  • Current stake of 33.33% will increase to approximately 74%, making Yapan Bio a subsidiary
  • Final terms, consideration, and effective date of transfer are yet to be finalized

Why it's rated notable: The filing states no consideration and says final terms are yet to be finalized, so the event is non-binding and is kept at medium without an amount.

Original filing

Announcement Under Regulation 30 (LODR)- Exercise Of Call Option For Acquisition Of Additional Equity Stake In Yapan Bio Private Limited

Read the filing on BSE (PDF) →

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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.