Torrent Pharma acquires Elder’s domestic business for Rs 2000 crore

Ahmedbad-based Torrent Pharmaceutical Ltd acquired branded domestic formulation business of Mumbai-headquartered Elder Pharmaceuticals Ltd.

Torrent Pharmaceuticals Ltd.

BSE 479.50

-20.20(-4.04%)

Vol: 832896 shares traded

NSE

479.65

Ahmedbad-based Torrent Pharmaceutical Ltd acquired branded domestic formulation business of Mumbai-headquartered Elder Pharmaceuticals Ltd.
Ahmedbad-based Torrent Pharmaceutical LtdBSE -0.74 % acquired branded domestic formulation business of Mumbai-headquartered Elder Pharmaceuticals LtdBSE -8.17 %. The deal size is Rs 2000 crore that include Elder’s domestic formulation businesses of India as well as Nepal.
According to the Torrent Pharma’s statement on Bombay Stock Exchange, Elder’s India Business comprises a portfolio of over 30 brands with market leading products a ..

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