Investment23 Dec 2025, 04:19 pm
Laurus Labs Invests INR 490 Million in KRKA Pharma Private Limited Joint Venture
AI Summary
Laurus Labs Ltd has invested INR 490,000,000/- (Indian Rupees Four Hundred and Ninety Million only) in KRKA Pharma Private Limited, a joint venture of the company. The investment was made by acquiring 49,000,000 (Forty Nine Million) equity shares of KRKA at a face value of INR 10/- each, totaling to INR 490,000,000/- (Indian Rupees Four Hundred and Ninety Million only) through a rights issue.
Key Highlights
- Laurus Labs invests INR 490 Million in KRKA Pharma Private Limited
- Investment made through rights issue
- Acquired 49 Million equity shares of KRKA
- Face value of equity shares is INR 10/-
- KRKA is a joint venture of Laurus Labs