Pharmaids Pharmaceuticals Limited (BSE:524572) agreed to acquire 99.86% stake in Adita Bio Sys Private Ltd. for INR 530 million on January 6, 2024. The deal has been approved by board of directors of Pharmaids Pharmaceuticals Limited. As of March 31, 2023, Adita Bio Sys reported net worth of INR 14.2 million, and turnover of INR 45.2 million.

Pharmaids Pharmaceuticals Limited (BSE:524572) completed the acquisition of 99.86% stake in Adita Bio Sys Private Ltd. on March 2, 2024.