NSEPress Release5 Oct 2026 · 5 Oct 2026, 03:53 pm
Press Release
Sai Parenterals Limited · SAIPARENT
✦ AI Summary▲ PositiveM&A
Sai Parenterals Limited has completed the acquisition of 60% equity stake in Prathyak Laboratories Private Limited, an operating research and development centre, for Rs. 15 crore. The acquisition replaces the greenfield research centre the Company had originally intended to build and will support the Company's injectable programme directly.
Analysis Scores
Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Sai Parenterals Limited has informed the Exchange regarding a press release dated October 05, 2026, titled "Sai Parenterals Completes the Acquisition of R&D Facility Prathyak Laboratories".
Attachments (1)
📄pdf
Download →
SAIPARENTERALS_05102026155327_PrassRelease.pdf
View document text
To Date: 05th October, 2026
The Manager The Manager
BSE Limited NSE Limited
P. J. Towers, Dalal Street Exchange Plaza, Bandra Kurla
Mumbai-400001 Complex,
(BSE Scrip Code: 544742) Bandra (E), Mumbai- 400051.
(NSE Symbol: SAIPARENT)
Dear Sir/Madam,
Unit: Sai Parenterals Limited
Subject: Press Release
Pursuant to Regulation 30(6) read with Schedule III of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015, we wish to inform the Exchanges that the
Company has issued a Press Release titled “Sai Parenterals Completes the Acquisition
of R&D Facility Prathyak Laboratories”.
Request you to kindly take the same on record.
Thanking you,
Yours faithfully,
For Sai Parenterals Limited
Mr. Anil Kumar Karusala
Managing Director
(DIN- 01866646)
Encl: As above
Investor Release
Sai Parenterals Limited
Sai Parenterals Completes the Acquisition of R&D Facility Prathyak Laboratories
Hyderabad, 05, October 2026 – Sai Parenterals Limited has completed the acquisition of 60% equity stake
in Prathyak Laboratories Private Limited, an operating research and development centre at Genome
Valley, Hyderabad, for Rs. 15 crore, funded from the unutilised net proceeds of the Company's initial public
offering. Prathyak becomes a direct subsidiary of the Company and has been renamed as Sai Prathyak
Laboratories Private Limited.
The acquisition replaces the greenfield research centre the Company had originally intended to
build and for which an allocation had been earmarked in the objects of the issue. The 60% stake
has been acquired for Rs. 15 crore.
Prathyak has been in operation for three years and brings 28 research scientists and a
development pipeline of 150 SKUs across 86 molecules. Its proven capability lies in lyophilised,
liposomal and nano-based complex injectables and in oncology injectables — precisely the
areas in which the Company is building its regulated-market injectable franchise.
Acquisition of an operating platform rather than constructing one allows development work to
begin immediately. It removes the construction cycle and, more significantly, the considerably
harder task of assembling a scientific team of this calibre, which would have slowed the pace of a
greenfield build.
Prathyak’s development work supports the Company’s injectable programme directly.
Formulations developed at this R&D centre can be taken into commercial production as the
Company’s injectable capacity is expanded and upgraded, shortening the path from
development to supply in regulated and semi-regulated markets.
The platform also supports the Group’s Australian and New Zealand business, where the
renewed supply agreements carry a contractual commitment to introduce new products each
year. Development for those launches can now be undertaken within the Group.
The residual 40% may be acquired through a Right of First Refusal (ROFR) at the same valuation
as the present transaction, to be funded from internal accruals, taking Prathyak to a wholly owned
position.
Commenting on the acquisition, Mr. Anil Kumar Karusala, Chairman and Managing
Director, Sai Parenterals Limited, said:
"Building a research centre from the ground up would have cost us a construction cycle and,
far more significantly, the time taken to assemble a scientific team. Prathyak gives us both
on day one — 28 research scientists who have worked together for three years, and a
pipeline of 150 SKUs across 86 molecules in exactly the complex injectable and oncology
areas we are building towards.
The value of this acquisition lies in what it enables elsewhere in the Group. Work already
completed at this R&D centre can be taken into production as our injectable capacity is
expanded. The same R&D team will also develop the new products we are required to launch
each year under our Australian agreements. We have acquired 60% today and will move to
full ownership at the same valuation.
This is a further step in the growth plan we set out at the time of our listing: deeper
integration across our own value chain, a faster route from development to commercial
supply, and capability built inside the Group instead of with third parties. We will continue to
pursue opportunities of this kind, organic and inorganic, that strengthen the platform and
create lasting value for our stakeholders."
Investor Release
About the Company
Sai Parenterals Limited is an integrated, IP-led pharmaceutical enterprise operating across two
complementary verticals — contract development and manufacturing for Indian and
multinational customers, and branded generic formulations sold domestically and exported into
regulated and semi-regulated markets. The Company’s portfolio spans 302 commercial products
across nine therapeutic areas, supported by 599 approved registrations and 67 dossiers under
development, and is manufactured across six facilities, five in India and one in Australia, carrying
GMP, WHO-GMP, TGA-Australia and PIC/S accreditations. Through Noumed Pharmaceuticals in
Australia and New Zealand, acquired in November 2025, the Company holds one of Australia’s
largest private-label OTC portfolios, with 15 exclusive long-term supply agreements covering 526
SKUs and a library of over 451 TGA-approved dossiers. More than 50% of consolidated revenue is
contracted under long-term regulated-market agreements. The Company completed its initial
public offering in March 2026 and was listed on the BSE and the NSE on April 02, 2026.
Safe Harbor
Statements in this document relating to future status, events, or circumstances, including but not
limited to statements about plans and objectives, the progress and results of research and
development, potential project characteristics, project potential and target dates for project
related issues are forward-looking statements based on estimates and the anticipated effects of
future events on current and developing circumstances. Such statements are subject to
numerous risks and uncertainties and are not necessarily predictive of future results. Actual
results may differ materially from those anticipated in the forward-looking statements. The
company assumes no obligation to update forward-looking statements to reflect actual results
changed assumptions or other factors.
For more information, please contact
Company: Investor Relations (IR)
Sai Parenterals Limited Strategic Growth Advisors Pvt. Ltd.
CIN: U24231TG2001PLC036043 CIN: U74140MH2010PTC204285
Mr. Anil Kumar, CFO Ms. Drashti Shah / Mr. Parin Narichania
ir@saiparenterals.com drashti.shah@sgapl.net / parin.n@sgapl.net
+91 87672 24443 / +91 99300 25733
saiparenterals.com www.sgapl.net