STARTUP/TECHNOLOGY
RPG LS Transfers API Business To Its Arm, InvAscent To Invest ₹243 Cr
RPG Life Sciences Ltd (RPG LS) has executed a Business Transfer Agreement to transfer its Active Pharmaceutical Ingredients (API) business to its wholly owned subsidiary, RPG Active Pharma Ltd, on a slump sale basis as a going concern. The restructuring is part of the company’s strategy to create a focused API business with dedicated capital, […]
CW Bureau
·
Jul 30, 2026
GENERAL
Aurobindo Pharma To Acquire 80% Stake In A1 Biochem CRO Business
Aurobindo Pharma Ltd, through its wholly owned subsidiary Apitoria Pharma Pvt Ltd, will acquire an 80% stake in the Contract Research Services business of A1 Biochem Group. The acquisition will be completed within 90 to 120 days for cash consideration at an enterprise value of $17 million on a debt-free and cash-free basis. Building CRDMO […]
CW Bureau
·
Jul 24, 2026
MANUFACTURING
Tube Investments, N Govindarajan To Invest ₹100 Cr In 3xper Innoventure
Murugappa group firm Tube Investments of India Ltd (TII) has entered into a supplementary agreement with 3xper Innoventure Ltd and N Govindarajan to invest ₹75 crore by TII and ₹25 crore by Govindarajan respectively, in compulsorily convertible preference shares (CCPS) of the company. TII subsidiary 3xper operates in the contract development and manufacturing organisation (CDMO) […]
CW Bureau
·
Apr 23, 2026
