StockWatch
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Pharmaceuticals
Acquisitions1 Nov 2026, 04:30 pm

Sai Parenterals Completes Acquisition of SP Analytics, Makes it Wholly Owned Subsidiary

AI Summary

Sai Parenterals Limited announced that its Board of Directors, in a meeting held on November 1, 2026, approved the un-audited financial results for the quarter and half-year ended September 30, 2026. The board also approved the acquisition of the remaining 25% equity shareholding in its subsidiary, SP Analytics Private Limited, for a cash consideration of ₹25,000, making SP Analytics a wholly owned subsidiary. Additionally, the company finalized the acquisition of 60% equity in Saicriti Pharma Private Limited, which also became a subsidiary. A Management Committee was also constituted.

Key Highlights

  • Board approved Q2 FY27 un-audited financial results.
  • Acquired remaining 25% stake in SP Analytics Private Limited.
  • SP Analytics Private Limited is now a wholly owned subsidiary.
  • Completed acquisition of 60% stake in Saicriti Pharma Private Limited.
  • Management Committee has been constituted for company operations.