Subsidiary RPGAP to acquire Raghava Life Sciences API business for up to Rs 135 cr
RPGLIFE · price
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RPG Active Pharma (RPGAP), a wholly owned subsidiary of RPG Life Sciences, will acquire the API and intermediates business of Raghava Life Sciences via slump sale for up to Rs 135 crore. The deal adds a WHO-GMP and EU-GMP approved Hyderabad facility with about 300 KL capacity, 22 commercialized APIs, 7 in development, and approvals like CEP, EU Written Confirmation and KDMF. This is RPGAP's second acquisition after Actis Generics, funded by a recent equity raise.
Positive for growth — strengthens API business with added capacity, portfolio and regulatory approvals; expands integrated API strategy.