Announced Fri, 17 Jul · 18:07 IST
Alkem completes acquisition of Occlutech Holding AG
ALKEM · price
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Price reaction · full curve 14 horizons · vs prior close
+2.5%1-day move
₹5545.50
prior close
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After-mkt
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AI summary
Alkem Laboratories said its wholly owned subsidiary Alkem Medtech has completed the acquisition of at least 51 percent and up to 55 percent equity in Switzerland based Occlutech Holding AG via a Share Purchase Agreement. Occlutech will now be a step-down subsidiary of Alkem. Earlier updates on this deal were shared on 13 February, 6 March, and 29 June 2026.
Likely market impact
Adds a new overseas subsidiary in the medical devices space, expanding Alkem's global footprint and product portfolio.