Zota Health Care LImited

Zota Health Care LImited

Zota Health Care Limited has acquired an 80% stake in Globotask IT Consultancy Services Private Limited (GITCPL) for a cash consideration of INR 25 lakhs. GITCPL, an IT software and services company, generated a turnover of INR 19.28 lakhs in FY 2025-26. The acquisition aims to provide IT solutions, including cloud-based software, app development, and ERP, to Zota Health Care and its subsidiaries, making GITCPL a subsidiary.

Zota Health Care LImited

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.

Zota Health Care LImited

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.

Zota Health Care LImited

Zota Health Care Limited has signed a Memorandum of Understanding (MOU) to acquire an 80% stake in M/s Globotask IT Consultancy Services Private Limited (GITCL). The company will acquire 8,000 equity shares of GITCL for an aggregate consideration of Rs. 25,00,000/- (Twenty-Five Lakhs Only). This strategic move signifies Zota Health Care's potential diversification or expansion into IT consultancy services. Following this significant announcement, the trading window for the company's shares has been closed to prevent insider trading.

Zota Health Care LImited

Zota Health Care Limited has announced the execution of a Memorandum of Understanding (MOU) for the acquisition of an 80% stake in M/s Globotask IT Consultancy Services Private Limited (GITCL). Under the terms of the MOU, Zota will acquire 8,000 equity shares of GITCL for an aggregate consideration of Rs. 25,00,000/- (Rupees Twenty Five Lakhs Only). This strategic move indicates Zota Health Care's potential expansion or diversification into the IT consultancy services sector. For investors, this signifies a strategic decision that could influence the company's future growth trajectory and business portfolio.