Acquisition announced

Phiroz Jeejeebhoy Towers, 25th floor, Dalal Street,. "Company"), at its meeting held today, i.e., July 23, 2026, has approved the acquisition of 80% ownership. in the Contract Research Services business of A1 Biochem Group, at an enterprise value of USD 17 million,.

An acquisition spends cash or issues shares today for earnings that arrive later, so the price paid and the funding route decide whether holders gain.

• Consideration and how it is funded
• Revenue and profit of the target
• Expected completion date
• This approval has been received from Eugia Unit-I and is expected to be launched in Q1FY27. (management committed by Q1 FY27)