
Acquisitions28 Apr 2025, 12:37 pm
Virupaksha Organics Acquires 13.76% Stake in Oxygenta Pharmaceutical for Rs. 36,98,35,000
AI Summary
Virupaksha Organics Limited has acquired a total of 50,88,800 (13.76%) equity shares of Oxygenta Pharmaceutical Limited on April 227, 2025. The acquisition was made off-market as per the Share Purchase Agreement and Memorandum of Understanding dated September 30, 2024. The total equity share capital of Oxygenta Pharmaceutical Limited before and after the acquisition remains the same at Rs. 36,98,35,000. The total voting capital also remains the same at Rs. 36,98,35,000. The acquisition was made through a combination of shares purchased in the open market and shares transferred on specific dates.
Key Highlights
- Virupaksha Organics acquires 13.76% stake in Oxygenta Pharmaceutical
- Total equity share capital of Oxygenta Pharmaceutical remains at Rs. 36,98,35,000
- Total voting capital of Oxygenta Pharmaceutical also remains at Rs. 36,98,35,000
- Acquisition made through a combination of shares purchased in the open market and shares transferred on specific dates
- Acquisition made off-market as per the Share Purchase Agreement and Memorandum of Understanding dated September 30, 2024