Zota Health Care acquires 2 million shares in KMHP Ventures for Rs 2 crore bolstering generic medicine push
Zota Health Care Limited has acquired 2,000,000 equity shares of M/s KMHP Ventures Limited, a wholly owned subsidiary of the company. The acquisition was completed on June 22, 2026, through the subscription to a right issue and utilized a cash consideration model.The purchase of these equity shares by Zota Health Care Limited was executed for a total cost of Rs 2,00,00,000.00/- or Rs 10.00 per equity share. With this investment, KMHP continues to remain the wholly owned subsidiary of Zota Health Care Limited.
This strategic investment supports KMHP’s extensive plans in the pharmaceutical segment. KMHP is focused on rolling out a retail store chain under the brand name ‘Ugo Generic’. This operation will function across both Business to Business (B2B) and Business to Consumer (B2C) models. The overarching goal is to offer high-quality generic medicines on a PAN India basis through its owned stores, as well as by onboarding approximately 12.5 lakh retail pharmacies under the Ugo Generic brand.
The target entity, KMHP Ventures Limited, was incorporated in India on January 13, 2026, and is engaged in the pharmaceutical segment. The company’s financial details for the Financial Year 2025-26 showed a turnover of Rs NIL, while its total paid up share capital stood at Rs 10 Lakhs.
Key business and financial details regarding KMHP Ventures Limited are summarized below:
| Particular | Details |
|---|---|
| Business of Target Entity | Pharmaceutical segment, planning to rollout retail stores under 'Ugo Generic' (B2B and B2C model). |
| Industry | Pharmaceutical |
| Incorporation Date | January 13, 2026 |
| Turnover (FY 2025-26) | Rs NIL |
| Total Paid Up Share Capital | Rs 10 Lakhs |
| Acquisition Cost | Rs 10.00 per equity share |
| Shares Acquired | 2,000,000 |
The company confirmed that the acquisition is not a related party transaction, and the transaction was completed on an arm's length basis.
ZOTA Stock Price Movement
Today, shares of Zota Health Care Limited rallied, settling at ₹1377 after a positive surge reflected by a 5.31% rise in value. The stock saw considerable activity throughout the session, with 116,285 shares traded on the equity.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.
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