NSEAcquisition22 Jun 2026 · 22 Jun 2026, 05:07 pm
Acquisition
Zota Health Care LImited · ZOTA
✦ AI Summary▲ PositiveM&A
Zota Health Care Limited has acquired 1,000,000 equity shares of its wholly-owned subsidiary, Curexis Ventures Private Limited, for Rs. 2 crore through a rights issue subscription. This strategic investment aims to expand Curexis's SKIA retail pharmacy stores and address its working capital needs. Curexis, engaged in drug manufacturing, development, and marketing, will continue as a wholly-owned subsidiary post-acquisition. The subsidiary reported a turnover of Rs. 1.18 lakhs in FY2025-26. The transaction was a cash consideration.
Analysis Scores
Earnings Impact5/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk4/10
Liquidity Impact5/10
Market Sentiment7/10
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Full Announcement
ZOTA: Zota Health Care Limited has informed the Exchange about Acquisition of 10,00,000 equity shares of M/s Curexis Ventures Private Limited, Wholly Owned Subsidiary of the Company, by way of subscription to the right issue
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June 22, 2026
The Manager
Listing Department,
The National Stock Exchange of India Limited
Exchange Plaza, Bandra Kurla Complex,
Bandra (E), Mumbai – 400051
Dear Sir/ Madam,
Trading Symbol: ZOTA
Sub: Intimation of Acquisition of 10,00,000 equity shares of M/s Curexis Ventures Private Limited,
Wholly Owned Subsidiary of the Company, by way of subscription to the right issue.
Ref.: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
With reference to the captioned subject; we, Zota Health Care Limited (the “Company”), would like to
inform you that the Company has acquired 10,00,000 equity shares of M/s Curexis Ventures Private
Limited (“Curexis”), Wholly Owned Subsidiary of the Company, by way of subscription to the right
issue.
The details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 read with SEBI circular SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated 13th July,
2023 are annexed herewith as Annexure-I.
This is for your information and record.
Thanking you,
Yours faithfully,
For Zota Health Care Limited
Ashvin Variya
(Group Company Secretary & Compliance Officer)
Place: Surat
Encl: a/a
Registered Office:
Zota House, 2/896, Hira Modi Street,
Sagrampura, Surat-395002 Ph: +91 261 2331601
Email: info@zotahealthcare.com
Web: www.zotahealthcare.com
CIN: L24231GJ2000PLC038352
Annexure-I
Particulars Details
Name of the target entity, details in brief such as size, i. Name of the Target Entity: Curexis Ventures
turnover etc. Private Limited (‘Curexis’)
ii. Business of the Target Entity: established as a
drug manufacturing, development, and
marketing company. CUREXIS is engaged in the
business of running retail pharmacy stores under
the brand name of “SKIA” offering wide range of
Pharmaceutical, Nutraceutical, Cosmetic,
Ayurvedic and OTC products.
iii. Financial details: as per the audited financial
statements for the Financial Year 2025-26, the
turnover of Curexis was Rs. 1.18 Lakhs and the
total paid up share capital was Rs. 1 Lakh.
Whether the acquisition would fall within related party No, the acquisition does not fall within the ambit of
transaction(s) and whether the promoter/ promoter related party transactions. The promoter/ promoter
group/ group companies have any interest in the entity group/ group companies do not have any interest in
being acquired? If yes, nature of interest and details Curexis and the said transaction is done at arm’s
thereof and whether the same is done at “arm’s length” length basis.
Industry to which the entity being acquired belongs Pharmaceutical
Objects and effects of acquisition (including but not The Company has made investment in Curexis as a
limited to, disclosure of reasons for acquisition of target part of strategic investment, expansion of SKIA stores
entity, if its business is outside the main line of business and to mitigate the working capital requirements of
of the listed entity); Curexis. Post to this acquisition, Curexis continues to
remain as the Wholly Owned Subsidiary of the
Company.
Brief details of any governmental or regulatory N.A.
approvals required for the acquisition
Indicative time period for completion of the acquisition On June 22, 2026, the Company has acquired the said
10,00,000 equity shares of Curexis by subscription to
the right issue.
Nature of consideration - whether cash consideration Cash consideration by way of acquisition of Equity
or share swap and details of the same; Shares.
Cost of acquisition or the price at which the shares are Cost of acquisition for subscription of 10,00,000
acquired Equity Shares offered on right basis is Rs. 20.00/- per
equity share (including premium of Rs. 10.00/- per
equity share) aggregating to Rs. 2,00,00,000.00/-.
Percentage of shareholding / control acquired and / or The Company has acquired 10,00,000 equity shares
number of shares acquired of Curexis. Post to this acquisition, Curexis continues
to remain as the Wholly-owned Subsidiary of the
Company.
Brief background about the entity acquired in terms of Curexis was incorporated on February 25, 2025,
products/line of business acquired, date of domiciled in India; engaged in drug manufacturing,
incorporation, history of last 3 years turnover, country development, and marketing company. CUREXIS is
in which the acquired entity has presence and any other engaged in the business of running retail pharmacy
significant information (in brief) stores under the brand name of “SKIA” offering wide
range of Pharmaceutical, Nutraceutical, Cosmetic,
Ayurvedic and OTC products.
During last three financial years, the details of
turnover of Curexis were as follows:
FY 2025-26 Rs. 1.18 Lakhs
FY 2024-25 Rs. NIL
FY 2023-24: N.A.