StockWatch
·
Pharmaceuticals
Shareholding21 Sept 2026, 06:20 pm

Essix Biosciences acquires 70 lakh warrants in Ind-Swift Labs

AI Summary

Essix Biosciences Limited, a promoter group entity of Ind-Swift Laboratories Ltd, has acquired 70,00,000 (Seventy Lakh) fully convertible warrants. These warrants, acquired for cash on a preferential basis on September 17, 2026, are convertible into an equivalent number of equity shares of face value ₹10 each. The disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquirer, along with other Persons Acting in Concert (PACs), belongs to the promoter and promoter group of Ind-Swift Laboratories Limited.

Key Highlights

  • Essix Biosciences acquired 70 lakh fully convertible warrants.
  • Warrants are convertible into equity shares of Ind-Swift Laboratories.
  • The acquisition was made on a preferential basis by a promoter group entity.
  • Disclosure was filed under SEBI (SAST) Regulations, 2011.