RPG Life Sciences board clears API restructuring, Actis Generics buy, PE deal
RPGLIFE · price
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Board approved three deals on July 29, 2026. (1) Sale of API business (Rs 95.06 cr revenue, 13.54% of FY26 turnover) to wholly owned subsidiary RPGAP as slump sale for about Rs 33.55 cr. (2) PE funds ILSF and Vistaject to invest Rs 243.33 cr for around 40% stake in RPGAP, up to Rs 700 cr committed for growth. (3) RPGAP to acquire 100% of Actis Generics (API intermediates) for Rs 80 cr cash. Sale closes by Sep 30, acquisition by Nov 15, 2026.
API business moved to subsidiary with PE partner. No share dilution at parent. Signals focused growth strategy for both API and formulations.