Anlon Healthcare Limited has informed the Exchange regarding Outcome of Board Meeting held on April 16, 2026.
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Anlon Healthcare's board has approved the acquisition of 1,11,00,000 equity shares (63.98%) in Remember India Health Links Private Limited for Rs. 5,38,12,800 in cash. Upon completion, the target company will become a subsidiary of Anlon Healthcare. Remember India Health Links is engaged in manufacturing pharmaceutical finished products/formulations such as tablets and capsules. Its turnover for FY 2024-25 stood at Rs. 83.08 lakh, down from Rs. 169.83 lakh in FY 2023-24. The acquisition is expected to be completed within 4-5 months from the signing date of the share purchase agreement dated April 16, 2026. The deal is not a related party transaction.
This acquisition positions Anlon Healthcare to shift from being an API (drug substance) manufacturer to a complete pharmaceutical provider covering both APIs and finished dosage formulations (FDFs), with access to over 30 dossiers. This strategic expansion could be positive for the company's long-term revenue prospects and market positioning.