Jagsonpal Pharma to acquire 85 percent stake in Aequitas Healthcare for Rs 20.8 Cr
JAGSNPHARM · price
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Jagsonpal Pharmaceuticals will acquire 85 percent stake in Aequitas Healthcare for Rs 20.8 Cr in cash, funded from internal accruals. Aequitas sells pharma products to hospitals with FY26 revenue of Rs 53.31 Cr. The deal gives Jagsonpal entry into the hospital segment and access to institutional doctor networks. Expected to close by July 15, 2026. Not a related party deal.
Strategic entry into hospital segment, expanding reach beyond retail. Aequitas adds around Rs 53 Cr revenue. Funded through internal accruals.