Alkem Laboratories' Subsidiary to Acquire 100% Stake in Bombay Ortho Industries for INR 147 Crores

Alkem Laboratories Ltd's wholly owned subsidiary, Alkem Medtech Pvt Ltd, intends to acquire 100% of the share capital of Bombay Ortho Industries Private Limited. The acquisition, valued at INR 147 crores, is proposed to be completed through a share purchase agreement on or before June 30, 2025. Bombay Ortho is a manufacturer and supplier of Orthopedic Implants such as Hip and Knee Implants, incorporated in India in May 2021. The acquisition is a strategic move to gain manufacturing capabilities in the growing orthopedic space and leverage Bombay Ortho's expertise within the Hip and Knee implants segment.