Senores to acquire Apnar Pharma with USFDA plant for about Rs 91 crore
SENORES · price
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Senores will acquire 100 percent of Apnar Pharma, which operates a USFDA approved manufacturing plant in Gujarat. Total deal value is about Rs 91 crore, covering Rs 76 crore debt and Rs 15 crore cash paid in two tranches by March 2026 and Q2 FY2027. Senores is also buying 5 ANDAs, of which 3 are validated, with a 722 million dollar market opportunity. Funding will come from IPO proceeds and internal accruals. Management expects margin expansion, better operating leverage, and entry into UK and Canada markets.
Deal adds USFDA capacity, 5 ANDAs with about 722 million dollar market scope, and entry into UK and Canada. Positive for long term growth.