COSMO FIRST LIMITED has informed the Exchange regarding a press release dated July 28, 2025, titled "MEDIA RELEASE".
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Cosmo First's pet care division Zigly has acquired Dr. Santa Animal Healthcare, a Bengaluru-based veterinary clinic operating for over 5 years. The acquired business generated revenues of Rs. 2.23 crores (unaudited) in FY25. The acquisition includes all assets, customer database, employees, and operational infrastructure, which will be converted into a 24x7 multi-speciality pet care centre in Whitefield, Bengaluru. With this addition, Zigly now runs six centres across Bangalore, strengthening its foothold in the premium pet care market as part of its ongoing expansion strategy.
This strategic acquisition reinforces Zigly's growth ambitions in the high-potential pet care segment and expands Cosmo First's revenue diversification beyond its core specialty films business. While the deal size is modest, it signals management's commitment to scaling Zigly, which could be a positive driver for long-term valuation, though near-term stock impact is likely limited given the small transaction scale.