30-Sept-2026 23:59:36
INDRANIBAcquisition and merger
INDRAYANI BIOTECH : STEP-DOWN SUBSIDIARY SHARE SALE COMPLETE
• Sale of Dindigul Farm Product Limited shares completed. • Target entity had paid-up capital of ₹24.43 Cr and turnover of ₹90.04 Cr. • 1.83% shareholding divested; company retains 27.05% stake. • Subsidiary contributed 65.33% to Indrayani Biotech's net worth/revenues last FY. • Consideration received was ₹90.04 Cr; completion by 30-09-2026.
Indrayani Biotech Ltd
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