Indegene Incorporates Step-Down Subsidiary in Portugal

Indegene Limited has announced the incorporation of its step-down wholly owned subsidiary, INDEGENE PORTUGAL, UNIPESSOAL LDA, in Portugal on October 23, 2026. This entity is wholly owned by Indegene Ireland Limited, another subsidiary of the parent company. The subsidiary is yet to commence operations and has reported nil turnover. The primary objective for establishing this entity is to establish a presence in Portugal. No acquisition cost or consideration is involved as it is an incorporation of a new entity. This move is part of the company's strategic expansion to establish its footprint in the Portuguese market.