Ipca Labs share price: Premchand Godha, Promoter and Executive Chairman, lpca Labs said, "This acquisition is in line with our stated strategy to enhance our portfolio in our chosen growth markets. We both are well positioned to successfully integrate our product offerings and grow our businesses."
Ipca Laboratories Limited has signed SPA for acquisition of equity shares Unichem Laboratories Ltd and announced open offer for the public shareholder.
Ipca is also making an open offer to the public equity·shareholders of Unichem to acquire from them up to 26% of the fully diluted outstanding equity share capital at a price of Rs 440 per share
Additionally, the Company s Board of Directors has also given the go-ahead to make an open offer to Unichem Laboratories public shareholders in order to purchase from them up to 26% of the fully diluted outstanding equity share capital of the said company.
Additionally, the Company s Board of Directors has also given the go-ahead to make an open offer to Unichem Laboratories public shareholders in order to purchase from them up to 26% of the fully diluted outstanding equity share capital of the said company.