This is in reference to our prior intimation dated December 18, 2024 regarding acquisition of 34% stake. in…
As filed · General Updates
What happened
FactThis is in reference to our prior intimation dated December 18, 2024 regarding acquisition of 34% stake. in O2 Renewable Energy XXIV Private Limited, wherein the Company had invested Rs. 1.75 Crores. amount not exceeding Rs. 1.99 Crores.
Why it matters
CapitSignal interpretationAn acquisition spends cash or issues shares today for earnings that arrive later, so the price paid and the funding route decide whether holders gain.
Scale
- 0.0% of FY26 revenue
₹1.75 Cr stated in the filing against ₹8,440.1 Cr revenue (FY26, standalone)
Source: financial_facts · exchange_table
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Capex
DelayedGlenmark expects to launch some of its respiratory products from H1 FY26 onwards.
Glenmark completed the successful launches of 13 new products during fiscal year 2025, consisting of a mix of immediate-release oral solids, a semi-solid ointment, several injectables and an oral contraceptive.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Consideration and how it is funded
- Revenue and profit of the target
- Expected completion date
- However, the Company expects an uptick in the business from FY26 onwards on the back of potential launches in (management committed by FY26)
- Glenmark expects to launch some of its respiratory products from H1 FY26 onwards. (management committed by H1 FY26)
Evidence
- Glenmark Pharmaceuticals Limited has informed the Exchange about update on acquisition of securities of O2 Renewable Energy XXIV Private Limited.(opens the original filing in a new tab)
- Earlier statement · Q4 FY25
- Latest statement · Q4 FY25
- Earlier statement · Q4 FY25
How CapitSignal classified this
- Reasoning:
- ACQUISITION base 74; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%