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Ipca Laboratories shares hit 52-week low after Unichem deal, dive 10% to slip below Rs 750 mark

Ipca Labs share price: Premchand Godha, Promoter and Executive Chairman, lpca Labs said, "This acquisition is in line with our stated strategy to enhance our portfolio in our chosen growth markets. We both are well positioned to successfully integrate our product offerings and grow our businesses."
Prakasha Mody Premchand Godha Prakash Mody Jigars Patel Ipca Laboratories Ltd Technical Research Analyst At Anand Rathi

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Ipca acquires 33.38% stake in Unichem Laboratories for Rs 1,034 crore

Additionally, the Companys Board of Directors has also given the go-ahead to make an open offer to Unichem Laboratories public shareholders in order to purchase from them up to 26% of the fully diluted outstanding equity share capital of the said company.
Premchand Godha Prakasha Mody Competition Commission Of India Unichem Laboratories Competition Commission Executive Chairman

Ipca to acquire 33.38% stake in Unichem Laboratories for Rs 1,034 crore

Additionally, the Companys Board of Directors has also given the go-ahead to make an open offer to Unichem Laboratories public shareholders in order to purchase from them up to 26% of the fully diluted outstanding equity share capital of the said company.
Prakasha Mody Premchand Godha Competition Commission Of India Unichem Laboratories Competition Commission Executive Chairman

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