BSECompany UpdateM&A1d ago
Akums Drugs and Pharmaceuticals Ltd
Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015- Acquisition of Oriflame India''s Manufacturing Business
Akums Drugs and Pharmaceuticals Ltd has announced the acquisition of Oriflame India's manufacturing business for INR 56 Crore. The acquisition includes two manufacturing plants and a leased warehouse, marking Akums' entry into the color cosmetics market and expanding its presence in skincare and wellness products.
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