Subsidiary to acquire Raghava API business for up to Rs 135 crores via slump sale
RPGLIFE · price
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RPG Life Sciences' wholly owned subsidiary RPG Active Pharma will acquire the API and Intermediates business of Raghava Life Sciences on a slump sale basis for up to Rs 135 crores in cash. The target business earned about Rs 19 crores in FY26 and includes manufacturing and R&D facilities along with a portfolio of 29 API molecules (22 commercialized and 7 under development). The deal is expected to close in about 30 days, subject to regulatory approvals, and is not a related party transaction.
Strategic expansion of API business through subsidiary; cash outflow up to Rs 135 cr; near-term completion expected within 30 days subject to approvals.