Astal Laboratories
79.00
-1.18(-1.47%)
Market Cap₹333.52 Cr
PE Ratio34.12
Company Performance:
1D-1.47%
1M-9.01%
6M-16.10%
1Y-1.42%
5Y+802.86%
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More news about Astal Laboratories
01Jan 26
Astal Laboratories Completes ₹277 Crore Sriven Pharmachem Acquisition Through Share Swap
Astal Laboratories Limited successfully acquired 100% stake in Sriven Pharmachem India Private Limited through a ₹277.17 crore share swap transaction. The acquisition involved allotment of 3.04 crore equity shares at ₹91 per share, making Sriven Pharmachem a wholly owned subsidiary. The target company, specializing in pharmaceutical intermediates and APIs, reported turnover of ₹102.70 crores in FY25.
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29Dec 25
Astal Lab Signs LOI with Immuna Therapeutics for CAR-T Cell Therapy Rights
Astal Laboratories has partnered with Switzerland-based Immuna Therapeutics GmbH through a Letter of Intent for exclusive India rights to next-generation CAR-T cell therapies. The collaboration includes technology transfer and localization in India, with the company now projecting ₹3,000 crore in incremental revenue, representing a significant increase from previous estimates.
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25Nov 25
Astal Laboratories Secures REACH Certification and Swiss Distribution Deal
Astal Laboratories Limited has obtained REACH compliance certification, enabling exports of specialty chemicals to the EU. The company also secured a Letter of Intent from a Swiss distributor for 60 tonnes of Piroctone Olamine, to be delivered between December 2025 and June 2026. These developments are expected to strengthen Astal's position in the European market and expand its international footprint.
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09Nov 25
Astal Laboratories Expands Authorized Share Capital to Rs 50 Crore
Astal Laboratories Limited has increased its authorized share capital from Rs 20 crore to Rs 50 crore, as approved by shareholders at an EGM on November 6, 2025. The number of equity shares has risen from 2,00,00,000 to 5,00,00,000, maintaining a face value of Rs 10 per share. The company has informed the BSE about this development on November 9, 2025, in compliance with SEBI regulations.
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07Nov 25
Astal Laboratories Holds EGM: Approves Share Capital Increase and Sriven Pharmachem Acquisition
Astal Laboratories Limited conducted an Extraordinary General Meeting on November 6, 2025, via video conferencing. The meeting focused on three key agenda items: increasing authorized share capital, acquiring a 100% stake in Sriven Pharmachem India Private Limited through equity share swap, and approving a related party transaction for the acquisition. The meeting was chaired by Dr. Radhakishore Pandrangi and attended by key directors. E-voting was conducted for all resolutions, with results to be announced within 48 hours.
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03Oct 25
Astal Laboratories to Consider Share Capital Increase and Acquisition in Upcoming Board Meeting
Astal Laboratories Limited has scheduled a board meeting for October 9, 2025, to discuss significant matters. Key agenda items include potential increase in authorized share capital, consideration of preferential issue of equity shares or convertible warrants, final decision on acquiring Sriven Pharmachem India Private Limited, and preparations for an Extraordinary General Meeting. The company has implemented a trading window closure from October 1, 2025, until 48 hours after the declaration of Q2 FY2026 results. Corporate governance measures include appointing a scrutinizer for the e-voting process.
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Astal Laboratories
79.00
-1.18
(-1.47%)
1 Year Returns:-1.42%
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