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Board Meeting4 Nov 2026, 09:31 pm

Tavexia Lifecare Board Approves Un-Audited Results, Fund Raise Proposal

AI Summary

Tavexia Lifecare Ltd announced the outcome of its Board Meeting held on November 4, 2026. The Board approved the Un-Audited Financial Results (Standalone and consolidated) for the Quarter and half-year ended September 30, 2026, along with the Limited Review Report. A proposal for raising funds up to ₹68 Crore for the proposed acquisition of 60% equity in Meyonex Pharmaceuticals Limited received in-principle approval. The Board also approved the change of Registrar & Transfer Agent from Niche Technologies Pvt. Ltd to Skyline Financial Services Pvt. Ltd.

Key Highlights

  • Approved Un-Audited Financial Results for Q2 FY27.
  • In-principle approval for fund raising up to ₹68 Crore.
  • Fund raising to finance acquisition of Meyonex Pharmaceuticals.
  • Approved change of Registrar & Transfer Agent to Skyline Financial Services.