Zota Health Care acquires shares in KMHP Ventures for ₹2 Cr

Zota Health Care Limited has acquired 20,00,000 equity shares of its wholly-owned subsidiary, KMHP Ventures Limited, for a total consideration of ₹2 Cr. The acquisition was completed on June 22, 2026, through a subscription to a rights issue at a price of ₹10 per equity share. This strategic investment is intended to support the working capital requirements of KMHP Ventures and facilitate its expansion into the retail pharmaceutical sector.

The transaction was conducted at arm's length and does not fall within the scope of related party transactions. Following this acquisition, KMHP Ventures continues to remain a wholly-owned subsidiary of Zota Health Care. No specific governmental or regulatory approvals were required for the completion of this transaction.

KMHP Ventures Limited was incorporated on January 13, 2026, and operates within the pharmaceutical industry. The subsidiary is planning to establish a chain of retail stores under the brand name "Ugo Generic". This venture will operate on both a Business to Business (B2B) and Business to Consumer (B2C) model, aiming to provide high-quality generic medicines on a PAN India basis through owned stores and approximately 12.5 lakh retail pharmacies.

According to the audited financial statements for the Financial Year 2025-26, KMHP Ventures reported a turnover of ₹NIL and a total paid-up share capital of ₹10 Lakhs. The entity had no turnover in the preceding financial years, FY 2024-25 and FY 2023-24, as it was a recently incorporated entity.

Financial Details of KMHP Ventures Limited

Particulars	Details
Name of Target Entity	KMHP Ventures Limited
Date of Incorporation	January 13, 2026
Industry	Pharmaceutical
Paid-up Share Capital (FY 2025-26)	₹10 Lakhs
Turnover (FY 2025-26)	₹NIL
Cost of Acquisition	₹2 Cr (₹10 per share)
Shares Acquired	20,00,000 equity shares

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.51%	+10.40%	+15.41%	-11.24%	+47.72%	+634.86%

Zota Health Care Limited has acquired an 80% stake in Globotask IT Consultancy Services Private Limited for ₹25,00,000 to strengthen its IT capabilities. The Board approved the acquisition on June 22, 2026, making Globotask IT Consultancy Services Private Limited a subsidiary of the company. This strategic move aims to provide IT solutions, including cloud-based software development, mobile applications, and customized ERP software, to Zota Health Care and its subsidiaries.

The transaction involved the purchase of 8,000 equity shares. The acquisition was executed through cash consideration and does not fall within related party transactions, as the promoter group does not hold any interest in the target entity. The company disclosed that the transaction was conducted at arm's length.

Globotask IT Consultancy Services Private Limited was incorporated on November 04, 2022, and operates in the Information Technology sector. As per the audited financial statements for the Financial Year 2025-26, the entity reported a turnover of ₹19.28 Lakhs and a total paid-up share capital of ₹1 Lakh. The turnover for the previous financial years was ₹8.14 Lakhs in FY 2024-25 and ₹13.06 Lakhs in FY 2023-24.

The intimation was filed with The National Stock Exchange of India Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing referenced SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

Key Details of the Acquisition

Particulars	Details
Target Entity	Globotask IT Consultancy Services Private Limited
Stake Acquired	80%
Shares Purchased	8,000 equity shares
Aggregate Consideration	₹25,00,000
Turnover (FY26)	₹19.28 Lakhs
Purpose	IT solutions, cloud software, ERP development
Related Party Transaction	No