Emcure stake buy: Pharma firm to acquire 20.42% in Zuventus for Rs 724.9 crore; full ownership to aid consolidation
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Emcure stake buy: Pharma firm to acquire 20.42% in Zuventus for Rs 724.9 crore; full ownership to aid consolidation

Emcure Pharmaceuticals on Saturday said it will acquire the remaining 20.42% stake in its subsidiary Zuventus Healthcare Ltd from minority shareholders for Rs 724.9 crore, making it a wholly owned unit. The companyโ€™s board has approved entering into an agreement with the minority shareholders of Zuventus Healthcare for the acquisition, Emcure said in a regulatory filing, PTI reported. โ€œAn aggregate consideration of Rs 724.9 crore (is) payable in cash in one or more tranches on closing, based on valuation,โ€ it said. Following the completion of the transaction, which is expected to close in the September quarter of FY26, Zuventus will become a fully owned subsidiary of Emcure. The company currently holds a 79.58% stake. Emcure said the domestic market remains a strategic priority and full ownership of Zuventus will allow for complete financial consolidation. โ€œThis transaction will drive long-term value creation for Emcure, through alignment across its domestic business and unlock synergies,โ€ the filing said.



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