NSEAcquisition1 Oct 2026 · 1 Oct 2026, 12:47 pm
Acquisition
Aurobindo Pharma Limited · AUROPHARMA
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Aurobindo Pharma Limited has informed the Exchange about the acquisition of 100% stake in A1 Biochem Labs (India) Private Limited by Apitoria Pharma Private Limited, a wholly owned subsidiary of the Company. As part of the terms agreed under the definitive agreements, Dr. Rajendra Gadikota, former promoter of A1 Biochem group, has subscribed to 89,94,500 equity shares and 2,41,05,500 Compulsory Convertibles Debentures of A1 Labs, equaling to 20% stake (on a fully diluted basis).
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Aurobindo Pharma Limited has informed the Exchange about Acquisition
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Date: October 1, 2026
To To
Listing Department, The Corporate Relations Department
NATIONAL STOCK EXCHANGE OF INDIA LIMITED BSE LIMITED
Exchange Plaza, Phiroz Jeejeebhoy Towers,
Bandra Kurla Complex, Bandra (E), 25th floor, Dalal Street,
MUMBAI - 400 051 MUMBAI - 400 001
Symbol: AUROPHARMA Scrip Code: 524804
Dear Sir/Madam,
Re: Disclosure under Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements)
Regulations, 2015.
Ref: Our letters dated July 23, 2026 and September 12, 2026.
We refer to our letter dated July 23, 2026 and September 12, 2026, informing that Apitoria Pharma Private
Limited ("Apitoria"), a wholly owned subsidiary of the Company had acquired 100% stake in A1 Biochem Labs
(India) Private Limited (“A1 Labs”), thus making it a wholly owned subsidiary of Apitoria and a step down
subsidiary of the Company.
In continuation to the above and in compliance with Regulation 30 and other applicable provisions of the SEBI
LODR Regulations, this is to inform that as part of the terms agreed under the definitive agreements entered
into by Apitoria as part of the acquisition of A1 Biochem group, Dr. Rajendra Gadikota, former promoter of A1
Biochem group has subscribed to 89,94,500 equity shares and 2,41,05,500 Compulsory Convertibles
Debentures (hereinafter together referred to as ‘Securities’) of A1 Labs equaling to 20% stake (on a fully
diluted basis).
Pursuant to the completion of the allotment of Securities, Dr. Rajendra Gadikota is holding 20% of the stake
A1 Labs on a fully diluted basis and A1 Labs accordingly ceases to be a wholly-owned subsidiary. A1 Labs
continues to remain a subsidiary of Apitoria and a step down subsidiary of the Company in terms of the
provisions of the Companies Act, 2013 and the SEBI Listing Regulations.
The details as required under Regulation 30 of SEBI Listing Regulations read along with applicable SEBI Master
Circular SEBI/HO/CFD/PoD2/CIR/P/0155 are provided in Annexure as enclosed.
This is for your information and record.
Thanking you,
Yours faithfully,
For AUROBINDO PHARMA LIMITED
B. Adi Reddy
Company Secretary
Encl: as above.
Corp. Off.: Galaxy, Floors: 22-24, Plot No.1, Survey No.83/1, Hyderabad Knowledge City, Raidurg Panmaktha, Ranga Reddy District, Hyderabad – 500 032, Telangana, India.
Tel : +91 40 6672 5000 / 6672 1200 Fax: +91 40 6707 4044.
Regd. off.: Plot No. 2, Maithrivihar, Ameerpet, Hyderabad - 500 038 Telangana., India Tel: +91 40 2373 6370/ 2374 7340 Fax: +91 40 2374 1080 / 2374 6833
Email: info@aurobindo.com Website: www.aurobindo.com
Annexure
Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015
a) The amount and percentage of the turnover or Name of the entity: A1 Biochem Labs (India) Private
revenue or income and net worth contributed by Limited (“A1 Labs”)
such unit or division or undertaking or subsidiary
Details as on 31st March, 2026: A1 Labs was acquired
or associate company of the listed entity during
during the current financial year (July 2026). Thus it did
the last financial year;
not contribute to any revenue, income or net worth of
the listed company as on 31st March, 2026
b) Date on which the agreement for sale has 23rd July, 2026
been entered into;
c) The expected date of completion of A1 Labs has received INR 9.18 Cr. for the allotment of
sale/disposal; equity shares and INR 24.62 Cr. for the allotment of
Compulsory Convertible Debentures from Dr. Rajendra
Gadikota and allotted 89,94,500 equity shares and
2,41,05,500 Compulsory Convertibles Debentures to
him and completed all the formalities on September
30, 2026. Post allotment, Apitoria is holding 80% stake
and Dr. Rajendra Gadikota is holding 20% stake in A1
Labs.
d) consideration received from such A1 Labs has received INR 9.18 Cr. for the allotment of
sale/disposal; equity shares and INR 24.62 Cr. for the allotment of
Compulsory Convertible Debentures (together referred
to as ‘Securities’).
e) Brief details of buyers and whether any of the Dr. Rajendra Gadikota is the former promoter of A1
buyers belong to the promoter/promoter Biochem Group. As part of the acquisition of A1
group/group companies. If yes, details thereof; Biochem Group by Apitoria, it is agreed that Dr.
Rajendra Gadikota will hold 20% stake (on a fully diluted
basis) in A1 Labs.
Further, Apitoria has the option available to acquire this
20% stake in future as per the agreed terms in the
definitive agreements.
Dr. Rajendra Gadikota is not related to the promoter
/promoter group/group companies
f) Whether the transaction would fall within Yes, Dr. Rajendra Gadikota is a director of A1 Labs. The
related party transactions? If yes, whether the transaction qualifies as a related party transaction.
same is done at “arm’s length”;
The transaction has been undertaken at arm’s length.
The subscription price for the Securities has been
determined based on a fair valuation report obtained
from a Chartered Accountant and the offer and
subscription of shares of A1 Labs has been approved by
its shareholders through a special resolution.
Corp. Off.: Galaxy, Floors: 22-24, Plot No.1, Survey No.83/1, Hyderabad Knowledge City, Raidurg Panmaktha, Ranga Reddy District, Hyderabad – 500 032, Telangana, India.
Tel : +91 40 6672 5000 / 6672 1200 Fax: +91 40 6707 4044.
Regd. off.: Plot No. 2, Maithrivihar, Ameerpet, Hyderabad - 500 038 Telangana., India Tel: +91 40 2373 6370/ 2374 7340 Fax: +91 40 2374 1080 / 2374 6833
Email: info@aurobindo.com Website: www.aurobindo.com
g) Whether the sale, lease or disposal of the Regulation 37A of LODR Regulations is not applicable as
undertaking is outside Scheme of there is no sale/lease/disposal of undertaking. Further,
Arrangement? If yes, details of the same the transaction will not fall under the definition of
including compliance with regulation ‘Undertaking’ provided in the regulation.
37A of LODR Regulations.
New Securities have been issued by A1 Labs as agreed
in the terms of the definitive agreements entered into as
part of acquisition of A1 Biochem Group.
However, it is clarified that A1 Labs had obtained its
shareholders’ approval as part of the process of offer
and issuance of Securities to Dr. Rajendra Gadikota
(dilution of 100% stake in the subsidiary).
h) Additionally, in case of a slump sale, indicative Not applicable
disclosures provided for amalgamation / merger,
shall be disclosed by the listed entity with
respect to such slump sale.
Corp. Off.: Galaxy, Floors: 22-24, Plot No.1, Survey No.83/1, Hyderabad Knowledge City, Raidurg Panmaktha, Ranga Reddy District, Hyderabad – 500 032, Telangana, India.
Tel : +91 40 6672 5000 / 6672 1200 Fax: +91 40 6707 4044.
Regd. off.: Plot No. 2, Maithrivihar, Ameerpet, Hyderabad - 500 038 Telangana., India Tel: +91 40 2373 6370/ 2374 7340 Fax: +91 40 2374 1080 / 2374 6833
Email: info@aurobindo.com Website: www.aurobindo.com