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Company News Details

Shilpa Medicare Ltd
Industry :  Pharmaceuticals - Indian - Formulations
BSE Code
ISIN Demat
Book Value()
530549
INE790G01031
137.4709721
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
SHILPAMED
57.72
6332.94
EPS(TTM)
Face Value()
Div & Yield %
5.61
1
0.15
 

Shilpa Medicare to sell its 31% stake in Sravathi Advance Process Technologies
Oct 27,2025
Shilpa Medicare has entered into Share Purchase Agreement and Shareholder's Agreement dated 27 October 2025 with Ash Ingredients Inc. & Varcatalyst LLP to sell 31% of its stake held in Sravathi Advance Process Technologies (Sravathi), at a consideration of Rs 49.6 crore, subject to customary closing conditions. Upon Closing of the transaction, these agreements will supersede the Joint Venture agreement between Shilpa, Technocrats & Sravathi dated 07 June 2019.
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