Alkem Labs completes acquisition of Bombay Ortho Industries
Alkem Laboratories (BSE:ALKEM) announced today the completion of its acquisition of 100% stake in Bombay Ortho Industries Private Limited ("Bombay Ortho"), effective April 16, 2025. The acquisition, initially disclosed in February and March, positions Bombay Ortho as a wholly-owned step-down subsidiary of Alkem. The company stated that this transaction was completed in accordance with the terms and conditions outlined in the share purchase and share subscription agreement dated March 15, 2025. This disclosure is made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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