Sudarshan Pharma to fully own subsidiary Sudarshan Maven
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Sudarshan Pharma Industries board approved acquiring the remaining 30% stake (3,000 equity shares at Rs.10 each) in Sudarshan Maven Pharma Pvt Ltd, making it a wholly-owned subsidiary. Target has nil revenue since incorporation in August 2024 and operates in the pharma sector. All-cash deal expected to complete by 31 December 2026. Not a related party transaction.
Minor stake consolidation in a pre-revenue subsidiary. Limited near-term impact on financials or stock price.