Date: 19th October, 2026
Subsidiary Incorporation Disclosure
Alembic Global Holding SA, a Wholly Owned Subsidiary (WOS) of Alembic Pharmaceuticals Limited, has incorporated its own Wholly Owned Subsidiary named Alvesta Pharmaceuticals FZCO in Dubai, United Arab Emirates.
Incorporation Details
- Entity Name: Alvesta Pharmaceuticals FZCO
- Date of Incorporation: 1st September, 2026
- Country of Incorporation: United Arab Emirates
- Date of Intimation Received: 19th October, 2026
Corporate Structure
- Holding Company: Alembic Global Holding SA (AGH)
- Relationship with Listed Entity: Step-Down Wholly Owned Subsidiary
- Industry: Pharmaceuticals
Business Purpose
Alvesta Pharmaceuticals FZCO was incorporated to explore new business opportunities and to promote, sell, and distribute pharmaceutical product(s) of Alembic Pharmaceuticals Limited.
Investment Details
- Consideration Type: Cash consideration
- Cost of Subscription: AED 100,000 (Arab Emirates Dirham One Lakh Only)
- Share Subscription: 100 shares of AED 1,000 each subscribed by Alembic Global Holding SA
- Shareholding Percentage: 100% control through Alembic Global Holding SA
Regulatory Approvals
- Governmental/Regulatory Approvals Required: Not Applicable