NSEAcquisition31 Jul 2026 · 31 Jul 2026, 06:56 pm
Acquisition
Entero Healthcare Solutions Limited · ENTERO
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Entero Healthcare Solutions Limited has informed the Exchange about the incorporation of its step-down subsidiary, Qurovia Lifesciences Private Limited, with details provided in Annexure-A.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Entero Healthcare Solutions Limited has informed the Exchange about Incorporation of step-down subsidiary, Qurovia Lifesciences Private Limited
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ENTERO_31072026185610_SE_Intimation.pdf
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Ref: 27/SE/LC/2026-27 Date: July 31, 2026
Scrip Code BSE: 544122
NSE: ENTERO
ISIN: INE010601016
Head, Listing Compliance Department Head, Listing Compliance Department
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers Dalal Street, Exchange Plaza, Plot No. C/1. G Block,
Mumbai - 400001 Bandra -Kurla Complex, Bandra (East),
Mumbai- 400051
Dear Sir/Madam,
Sub: Incorporation of a Step-Down Subsidiary Company
Ref: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015
This is to inform you that the Company has received intimation today, i.e., July 31, 2026,
regarding the incorporation of its step-down subsidiary, Qurovia Lifesciences Private Limited.
The details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 read with Para-A of Part-A of SCHEDULE III and SEBI Master
Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30thJanuary 2026 are provided
in Annexure-A.
The above information will also be available on the website of the Company at
www.enterohealthcare.com
This is for your information and records.
Yours Faithfully
For Entero Healthcare Solutions Limited
Sanu Kapoor
Vice President - Group General Counsel,
Company Secretary & Compliance O(cid:431)icer
ANNEXURE A
DETAILS IN TERMS OF REGULATION 30 READ WITH PARA A OF PART A OF SCHEDULE III OF
SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 AND
HO/49/14/14(7)2025-CFD-POD2/I/3762/2026
SR. DETAILS OF EVENTS THAT INFORMATION OF SUCH EVENT(S)
NO. NEED TO BE PROVIDED
a) name of the entity, date & Qurovia Lifesciences Private Limited ("Qurovia") was
country of incorporation, etc.; incorporated in India on July 25, 2026, and have its registered
office in Bangalore, Karnataka, India. The Certificate of
Incorporation issued by the Ministry of Corporate Affairs was
received by the Company on July 31, 2026, at 12:05 p.m.
b) name of holding company of Qurovia is incorporated as a wholly owned subsidiary of R S M
the incorporated company Pharma Private Limited (“RSM”). As RSM is a Wholly Owned
and relation with the listed Subsidiary of Entero Healthcare Solutions Limited (“the
entity Company”) Accordingly, Qurovia is a step-down subsidiary of
the Company.
c) industry to which the entity Wholesale and Retail Distribution of Pharmaceuticals and
being incorporated belongs Healthcare Products
d) brief background about the To undertake the business of marketing, distribution, import,
entity incorporated in terms of export, wholesale and retail, in relation to pharmaceuticals,
products / line of business healthcare products and services, medical devices, diagnostics,
healthcare technologies, and allied healthcare activities.
e) Brief details of any Not Applicable
governmental or regulatory
approvals required for the
incorporation
f) nature of consideration - Cash Consideration
whether cash consideration or
share swap and details of the
same;
g) cost of subscription / price at Qurovia has been incorporated with an authorised share capital
which the shares are of Rs. 1,50,00,000 (Rupees One Crore Fifty Lakh) comprising
subscribed 15,00,000 equity shares of Rs. 10 (Rupees Ten) each. At the time
of incorporation, RSM, along with its nominee, subscribed to
10,000 equity shares of Rs. 10 (Rupees Ten) each, aggregating to
Rs. 1,00,000 (Rupees One Lakh)
h) Percentage of shareholding / Qurovia is incorporated as a wholly owned subsidiary of R S M
control by the listed entity and Pharma Private Limited. As RSM is a Wholly Owned Subsidiary of
/ or number of shares allotted Entero Healthcare Solutions Limited. Accordingly, Qurovia is a
step-down subsidiary of the Company.