RPG Active Pharma to buy Raghava's API business for up to Rs 135 crores via slump sale
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 3.1 pts more than Nifty Microcap 250 and 3.3 pts more 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' subsidiary RPG Active Pharma will buy Raghava Life Sciences' API and Intermediates business via slump sale for up to Rs 135 crores cash. Target had revenue of about Rs 19 crores in FY26, with 29 API molecules (22 commercialized, 7 in development), manufacturing and R&D facilities. Not a related party deal. Expected to close in 30 days, subject to approvals. Supports the company's API expansion strategy.
Positive move to scale up API business. Non-organic, but supports growth in core pharma segment. Watch for closure and any margin impact.