Acquisition / mergerNotableFiled on BSE ·

Zydus Lifesciences completes acquisition of Sterling Biotech's API business

Zydus Lifesciences · Pharmaceuticals & Biotechnology

Arthneeti Research DeskPublished 1 min read

Key highlights

  • Acquisition completed following conditions precedent and closing date adjustments.
  • Business Transfer Agreement signed on September 17, 2024.
  • Communication made to BSE Limited and National Stock Exchange of India on November 2, 2026.

Why it's rated notable: The filing confirms completion of the acquisition of Sterling Biotech's API business under the September 17, 2024 Business Transfer Agreement but states no consideration or value, so the level stays at medium.

Original filing

Announcement under Regulation 30 (LODR)-Updates on Acquisition

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.