Board approves new WOS for API business, appoints CFO, to invest up to Rs 105 cr
RPGLIFE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.9 pts less than Nifty Microcap 250 and 2.1 pts less than its Pharmaceuticals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
RPG Life Sciences board approved incorporating a new wholly owned subsidiary, RPG Active Pharma Limited, to house its API business. The company will transfer its API segment (FY25 revenue Rs 90.24 cr, about 13.8 percent of total turnover) to the WOS for about Rs 50 cr, and invest up to Rs 105 cr into it. Separately, Mr. Amol Lone was appointed as CFO and KMP effective December 15, 2025.
Restructuring to focus the API business under a dedicated subsidiary. Positive for operational clarity, no direct shareholder action needed.