StockWatch
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Specialty Chemicals
Acquisitions23 May 2026, 08:01 pm

Anupam Rasayan to Acquire 74.20% Stake in Bliss GVS Pharma

AI Summary

Anupam Rasayan India Ltd plans to acquire up to 74.20% of Bliss GVS Pharma Limited through a share purchase agreement, including an initial 43.30% stake at ₹299 per share, totaling up to ₹1369.51 Cr. The deal includes an option to acquire the remaining shares held by sellers and an open offer to public shareholders for up to 26% of the total paid-up equity share capital at ₹299 per share, aggregating to ₹829.03 Cr. The board has also approved the acquisition of 15% to 100% equity in other entities to facilitate the proposed transaction.

Key Highlights

  • Anupam Rasayan to acquire up to 74.20% stake in Bliss GVS Pharma.
  • Initial acquisition of 43.30% stake at ₹299 per share, totaling up to ₹1369.51 Cr.
  • Open offer for up to 26% of public shareholding at ₹299 per share, totaling ₹829.03 Cr.
  • Anupam Rasayan has option to acquire remaining shares from sellers.
  • Board approved acquisition of 15-100% equity in other entities for transaction facilitation.