Natco to raise Adcock Ingram stake to 49% for Rupees 1069 crores

Listed Co AcquisitionStrategic Transactions View source PDF Explain this filing

NATCOPHARM · price

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Price reactionminutes from the announcement price · days from the prior close

-1.7%Reaction day

₹983.15

prior close

₹977.40

announcement price

In-mkt

timing

Nifty Smallcap 250market-2.0%+0.3% vs market

Pharmaceuticals peers, median of 165sector-0.8%-0.9% vs sector

On the reaction day the stock moved 0.3 pts more than Nifty Smallcap 250 and 0.9 pts less than its Pharmaceuticals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Reaction day

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Next day

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15d

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UpDownMarket · Nifty Smallcap 250Sector · Pharmaceuticals peers, median of 165Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Natco Pharma board approved acquiring additional shares in South Africa's Adcock Ingram Holdings at about Rupees 5.89 per share, raising its stake from 35.75% to 49% for around Rupees 1,069 crores. Separately, board approved investing up to Rupees 1,400 crores in its South African wholly owned subsidiary. Adcock Ingram posted US dollar 423 million topline in 9 months to March 2026. Post deal, Natco will book 49% of Adcock Ingram's profit after tax, strengthening its Africa footprint.

Likely market impact

Africa expansion with meaningful profit contribution; combined capital outlay of about Rupees 2,469 crores.