Zydus Foundation Loses Wholly-Owned Subsidiary Status Following Share Allotment

1 min read     Updated on 19 Nov 2025, 05:01 PM
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Reviewed by
Ashish ThakurScanX News Team
Overview

Zydus Life Science announced that its wholly-owned subsidiary, Zydus Foundation, has ceased to hold that status following a preferential share allotment. On November 19, 2025, Zydus Foundation issued 4,50,000 equity shares to Ramanbhai Foundation, a public charitable trust. Zydus Life Science now retains 50,000 equity shares in Zydus Foundation. The transaction was conducted at fair value, determined by a SEBI-registered valuer, and on an arm's length basis. The financial impact on Zydus Life Science appears minimal, with no contribution to income or net worth for the fiscal year ending March 31, 2025.

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*this image is generated using AI for illustrative purposes only.

Zydus Life Science has announced a significant change in its corporate structure, with its wholly-owned subsidiary, Zydus Foundation, ceasing to hold that status following a recent share allotment.

Key Details of the Transaction

  • Date of Change: November 19, 2025
  • Nature of Transaction: Preferential issue of shares by Zydus Foundation
  • Shares Allotted: 4,50,000 equity shares
  • Recipient: Ramanbhai Foundation, a public charitable trust
  • Zydus Life Science's Remaining Stake: 50,000 equity shares in Zydus Foundation

Impact on Zydus Life Science

The change in Zydus Foundation's status marks a shift in Zydus Life Science's corporate structure. However, it's important to note that the financial impact appears to be minimal:

Financial Metric Contribution to Zydus Life Science (FY ending March 31, 2025)
Income 0.00
Net Worth 0.00

Transaction Details

  • The equity shares of Zydus Foundation were subscribed by Ramanbhai Foundation at fair value, as determined by a SEBI-registered valuer.
  • The transaction was conducted on an arm's length basis, ensuring transparency and fairness.
  • This share issuance does not fall under any scheme of arrangement and is not considered a slump sale.

Regulatory Compliance

Zydus Life Science has made this disclosure in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, along with relevant SEBI circulars.

This corporate action reflects Zydus Life Science's evolving organizational structure, potentially aligning with its strategic objectives. While the immediate financial impact appears negligible, stakeholders may monitor any long-term implications of this change in subsidiary status.

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Zydus Lifesciences Expands Oncology Portfolio with FDA Approval for Prostate Cancer Drug

1 min read     Updated on 14 Nov 2025, 02:41 PM
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Reviewed by
Radhika SahaniScanX News Team
Overview

Zydus Life Science has obtained final USFDA approval for Leuprolide Acetate Injection, used in the palliative treatment of advanced prostatic cancer. The drug, with estimated annual U.S. sales of $69.00 million, will be manufactured at Zydus' oncology injectable facility in Ahmedabad. This approval marks Zydus' 427th USFDA approval, strengthening its oncology portfolio and U.S. market presence.

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*this image is generated using AI for illustrative purposes only.

Zydus Life Science has received final approval from the United States Food and Drug Administration (USFDA) for Leuprolide Acetate Injection, a significant addition to its oncology portfolio. This development marks a notable expansion in the company's presence in the U.S. pharmaceutical market.

Key Highlights

  • Drug Approval: Leuprolide Acetate Injection, 14 mg/2.8 mL (1 mg/0.2 mL) multiple-dose vial
  • Indication: Palliative treatment of advanced prostatic cancer
  • Market Potential: Estimated annual U.S. sales of $69.00 million

Product Details

Leuprolide Acetate Injection is primarily used in the palliative treatment of advanced prostatic cancer. This approval strengthens Zydus Lifesciences' position in the oncology segment, particularly in treatments for prostate cancer.

Manufacturing and Distribution

The newly approved drug will be manufactured at Zydus' oncology injectable manufacturing facility at SEZ1, Ahmedabad (ALIDAC). This facility recently underwent a Pre-Approval Inspection by the USFDA, concluding with two observations, none related to data integrity.

Market Impact

The approval of Leuprolide Acetate Injection is expected to have a positive impact on Zydus Lifesciences' market position:

Aspect Detail
Annual U.S. Sales Potential $69.00 million
Total ANDA Approvals 427
Total ANDAs Filed (since FY 2003-04) 487

Company's Growing Portfolio

This latest approval adds to Zydus' impressive tally of 427 approvals from the USFDA. The company has consistently expanded its product portfolio, having filed a total of 487 Abbreviated New Drug Applications (ANDAs) since the commencement of its filing process in FY 2003-04.

Recent Developments

In addition to this approval, Zydus recently received final USFDA approval for Diroximel Fumarate Delayed-Release Capsules, 231 mg, used in the treatment of relapsing forms of multiple sclerosis (MS) in adults. This product, with annual U.S. sales of $999.40 million, further diversifies Zydus' product range in the U.S. market.

The approval of Leuprolide Acetate Injection represents a significant step for Zydus Lifesciences in expanding its oncology portfolio and strengthening its position in the U.S. pharmaceutical market. As the company continues to receive approvals and introduce new products, it is poised for potential growth in the competitive pharmaceutical landscape.

Historical Stock Returns for Zydus Life Science

1 Day5 Days1 Month6 Months1 Year5 Years
+0.19%-2.23%-7.20%+2.08%-1.84%+115.97%
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