Vijaypd Ceutical Limited Approves 100% Stake Acquisition in Siddharth Drugs Private Limited
Vijaypd Ceutical Limited announced that its Board of Directors approved the acquisition of a 100% stake in M/s. Siddharth Drugs Private Limited. The board meeting to consider this transaction was held on Wednesday, April 08, 2026.Siddharth Drugs Private Limited operates in the distribution of drugs, medicine, and related services. The acquisition is intended to allow the Company to venture into new avenues and accelerate its existing business growth through a strategic investment.
Key details regarding the acquisition are summarized below.
The Company has acquired 5,00,000 Equity Shares in Siddharth Drugs Private Limited at a price of Rs. 140.2 per share, amounting to a total cost of Rs. 7,01,00,000. Post this investment, Vijaypd Ceutical Limited will hold 100% of the equity shareholding in Siddharth Drugs Private Limited.
The transaction involves the acquisition of the target entity's full stake for cash consideration.
| Detail | Information |
|---|---|
| Target Entity Name | Siddharth Drugs Private Limited |
| Authorized Capital | Rs. 50,00,000/- (5,00,000 Equity Shares of Rs. 10/- each) |
| Paid Up Share Capital | Rs. 50,00,000/- (5,00,000 Equity Shares of Rs. 10/- each) |
| Size/Turnover (as on March 31, 2025) | Rs. 5,100.69 Lakhs |
| Industry | Distribution of drugs, medicine, and related services |
| Cost of Acquisition | Rs. 7,01,00,000/- (5,00,000 Equity Shares at Rs. 140.2 per share) |
| Nature of Consideration | Cash |
| Indicative Completion Time | 14/04/2026 |
Siddharth Drugs Private Limited is incorporated in India on February 10, 2018, and is registered with the ROC, Mumbai.
The company's reported turnover for the last three financial years stands as follows:
| Financial Year | Audited Turnover |
|---|---|
| 2022-2023 | Rs. 5,314.88 Lakhs |
| 2023-2024 | Rs. 4,737.65 Lakhs |
| 2024-2025 | Rs. 5,100.69 Lakhs |
The transaction was determined not to be a Related Party Transaction, as none of the promoter, promoter group, or group companies hold any interest in the entity being acquired.
VIJAYPD Stock Price Movement
Today, Vijaypd Ceutical Limited shares settled at ₹67.05, holding steady with no percentage change after closing trading today. The stock activity was noted on 8,000 shares, resting right at the day's low mark.Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.