Poly Medicure completes PendraCare group acquisition, expanding global footprint

Poly Medicure Limited, through its wholly-owned step-down subsidiary RisoR Holdings B.V. in Amsterdam, Netherlands, has finalized the acquisition of PendraCare Holdings B.V. and Wellinq Medical B.V., collectively known as the "PendraCare Group." The share purchase agreement was signed on September 23, 2025, marking the official close of the transaction.

Following the completion of all stipulated conditions, Poly Medicure Limited now holds 90% of the economic rights in the PendraCare Group, effective from September 23, 2025. Both Wellinq Medical B.V. and PendraCare Holding B.V. are now step-down subsidiaries of Poly Medicure Limited.

This acquisition was initially disclosed via a board meeting outcome on September 3, 2025, and aligns with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.