NSEAcquisition22 Jun 2026 · 22 Jun 2026, 05:22 pm
Acquisition
Zota Health Care LImited · ZOTA
✦ AI Summary▲ PositiveExpansion
Zota Health Care Limited has acquired 20,00,000 equity shares of its wholly-owned subsidiary, KMHP Ventures Limited, by subscribing to a rights issue for Rs. 2 crore. KMHP Ventures, a pharmaceutical company with NIL turnover in FY26, plans to launch a PAN India retail store chain called "Ugo Generic" for B2B and B2C sales of generic medicines. This strategic investment aims to support KMHP's expansion into the generic retail segment, onboarding ~12.5 lakh retail pharmacies.
Analysis Scores
Earnings Impact6/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk4/10
Liquidity Impact5/10
Market Sentiment8/10
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Full Announcement
ZOTA: Zota Health Care Limited has informed the Exchange about Acquisition of 20,00,000 equity shares of M/s KMHP Ventures 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 20,00,000 equity shares of M/s KMHP Ventures 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 20,00,000 equity shares of M/s KMHP Ventures Limited
(“KMHP”), 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: KMHP Ventures Limited
turnover etc. (‘KMHP’)
ii. Business of the Target Entity: KMHP has an object of
doing business in the pharmaceutical segment and
planning to rollout retail stores under the brand name
of “Ugo Generic” which will operate in both Business
to Business (B2B) and Business to Consumer (B2C)
model.
iii. Financial details: as per the audited financial
statements for the Financial Year 2025-26, the
turnover of KMHP was Rs. NIL and the total paid up
share capital was Rs. 10 Lakhs.
Whether the acquisition would fall within related party No, the acquisition does not fall within the ambit of related
transaction(s) and whether the promoter/ promoter group/ party transactions. The promoter/ promoter group/ group
group companies have any interest in the entity being companies do not have any interest in KMHP and the said
acquired? If yes, nature of interest and details thereof and transaction is done at arm’s length basis.
whether the same is done at “arm’s length”
Industry to which the entity being acquired belongs Pharmaceutical
Objects and effects of acquisition (including but not limited The Company has made investment in KMHP as a part of
to, disclosure of reasons for acquisition of target entity, if its strategic investment; wherein KMHP is planning to rollout
business is outside the main line of business of the listed store chain under the brand name of “Ugo Generic” which
entity); will operate in both Business to Business (B2B) and
Business to Consumer (B2C) model and offer high quality
generic medicines on a PAN India basis through its owned
stores as well as ~12.5 lakhs retail pharmacies to be
onboarded under Ugo Generic and working capital
requirements of KMHP. Post to this acquisition, KMHP
continues to remain as the Wholly-owned Subsidiary of the
Company.
Brief details of any governmental or regulatory approvals N.A.
required for the acquisition
Indicative time period for completion of the acquisition On June 22, 2026, the Company has acquired the said
20,00,000 equity shares of KMHP by subscription to the
right issue.
Nature of consideration - whether cash consideration or Cash consideration by way of acquisition of Equity Shares.
share swap and details of the same;
Cost of acquisition or the price at which the shares are Cost of acquisition for subscription of 20,00,000 Equity
acquired Shares offered on right basis is 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 20,00,000 equity shares of
number of shares acquired KMHP. Post to this acquisition, KMHP continues to remain
as the Wholly Owned Subsidiary of the Company.
Brief background about the entity acquired in terms of KMHP was incorporated on January 13, 2026, domiciled in
products/line of business acquired, date of incorporation, India; engaged in the business of pharmaceutical segment
history of last 3 years turnover, country in which the acquired and planning to rollout retail stores under the brand name
entity has presence and any other significant information (in of “Ugo Generic” which will operate in both Business to
brief) Business (B2B) and Business to Consumer (B2C) model and
offer high quality generic medicines on a PAN India basis
through its owned stores as well as ~12.5 lakhs retail
pharmacies to be onboarded under Ugo Generic.
During last three financial years, the details of turnover of
KMHP were as follows:
FY 2025-26: Rs. NIL
FY 2024-25: N.A.
FY 2023-24: N.A.