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Board approved slump sale of API business to WOS RPG Active Pharma for Rs 33.55 Cr. RPGAP to receive Rs 243.33 Cr from PE investors for ~40% stake (commitment upto Rs 700 Cr for growth) and acquire Actis Generics for Rs 80 Cr.
RPG Life Sciences Carves Out API Business, Raises ₹243 Crore From InvAscent
RPG Life Sciences Approves ₹243 Crore API Subsidiary Investment And Acquisition
RPG Life Sciences Approves Rs 243 Crore Investment, Actis Generics Acquisition