Jagsonpal to acquire Group Pharma’s Wellness Portfolio for up to ₹46.7 crore
As filed · Jagsonpal Pharmaceuticals Limited has informed the Exchange regarding a press release dated September 23, 2026, titled "Press Release on Acquisition of the wellness portfolio of group Pharmaceuticals
What happened
FactJagsonpal Pharmaceuticals entered a Business Transfer Agreement on September 23, 2026 to acquire Group Pharmaceuticals’ Wellness Portfolio on a going-concern basis through a slump sale. The deal carries ₹23.7 crore of initial consideration at closing and up to ₹23.0 crore of additional consideration linked to FY 2027-28 sales, with completion targeted on or before November 1, 2026 subject to conditions precedent.