Acquisitions31 March 2026 at 11:11 am
Apollo Hospitals Enterprise Ltd Subsidiary Acquires Apollo Consumer Products for INR 9.00 Lakh
AI Summary
Apollo Hospitals Enterprise Ltd announced that its subsidiary, AHL, has acquired Apollo Consumer Products for an aggregate value of INR 9.00 Lakh. The acquisition does not have a significant impact on the listed entity. Apollo Consumer Products will engage in the business of trading, distribution, and sale of a wide range of fast-moving consumer goods (FMCG) and consumer products. The acquisition is an arms-length transaction and does not relate to any related party transactions.
Key Highlights
- Apollo Hospitals Enterprise Ltd subsidiary acquires Apollo Consumer Products
- Transaction value is INR 9.00 Lakh
- No significant impact on the listed entity
- Apollo Consumer Products to deal in FMCG and consumer products
- Arms-length transaction, not related party transaction