Corporate News     05-Apr-22
Board of Suven Pharmaceuticals approves acquisition of Casper Pharma
At meeting held on 05 April 2022
The Board of Suven Pharmaceuticals at its meeting held on 05 April 2022 has approved the investments by way of purchase of entire (100%) share capital from the existing shareholders of Casper Pharma (CPPL) a Hyderabad based SEZ company engaged in formulations business. Post purchase of shares, the target entity would become a wholly owned subsidiary of SPL.

The acquisition is for a cash consideration of around Rs 155 crore.

Casper Pharma was incorporated on 13 January 2016 in India and has set up USFDA inspection ready plant in GMR Aviation SEZ in Hyderabad.

Previous News
  Suven Pharmaceuticals to conduct AGM
 ( Corporate News - 15-Jul-24   17:27 )
  Advent to acquire significant stake in Suven Pharmaceuticals from Jasti family
 ( Corporate News - 26-Dec-22   09:13 )
  Volumes soar at Garware Technical Fibres Ltd counter
 ( Hot Pursuit - 26-Dec-22   11:00 )
  Suven Pharmaceuticals consolidated net profit declines 25.70% in the September 2022 quarter
 ( Results - Announcements 08-Nov-22   13:39 )
  Advent International to acquire a significant stake in Suven Pharma from the Jasti family
 ( Hot Pursuit - 26-Dec-22   08:45 )
  Suven Pharma Hyderabad facilities clear USFDA inspection
 ( Hot Pursuit - 26-Feb-24   12:13 )
  Suven Pharmaceuticals standalone net profit declines 31.49% in the September 2022 quarter
 ( Results - Announcements 08-Nov-22   13:36 )
  Suven Pharmaceuticals fixes record date for interim dividend
 ( Market Beat - Reports 10-Feb-21   13:35 )
  Suven Pharmaceuticals' Unit 3 & 5 clear USFDA inspection
 ( Corporate News - 23-Feb-24   17:07 )
  Suven Pharmaceuticals consolidated net profit rises 2.34% in the June 2022 quarter
 ( Results - Announcements 08-Aug-22   14:55 )
  Suvan Pharmaceuticals AGM scheduled
 ( Corporate News - 18-Aug-20   15:28 )
Other Stories
  Tata Motors records 12% decline in Q2 sales
  01-Oct-24   18:04
  Tata Motors records 15% decline in September sales
  01-Oct-24   17:55
  Man Infra set to launch its highly anticipated Vile Parle project
  01-Oct-24   17:48
  Padam Cotton Yarns to declare Quarterly Result
  01-Oct-24   17:39
  Blueblood Ventures schedules board meeting
  01-Oct-24   17:39
  CRISIL to discuss results
  01-Oct-24   17:39
  Indian Renewable Energy Deve. Agency to convene board meeting
  01-Oct-24   17:39
  Ashapuri Gold Ornament schedules board meeting
  01-Oct-24   17:38
  Bijoy Hans to conduct board meeting
  01-Oct-24   17:38
  RS Software (India) to announce Quarterly Result
  01-Oct-24   17:38
Back Top