Target Entity: Auro Pharma LLC, Russia

Type of Deal: 100% acquisition through internal transfer between wholly owned subsidiaries

Stake/Capacity: 100% stake transfer

Deal Value: Approximately INR 29 crore (subject to adjustments as agreed between parties)

Funding Source: Cash consideration

Financial Impact:

  • Auro Pharma LLC recorded nil turnover for FY 2026, FY 2025, and FY 2024
  • Auroactive Pharma Private Limited recorded turnover of INR 701.3 million for FY 2026
  • Auropharm Overseas Limited recorded nil turnover for FY 2026
  • The transaction is not expected to have material financial impact as it is an internal reorganization

Timeline: 60-90 days subject to customary corporate and transfer formalities

Strategic Rationale: The proposed share transfer is undertaken as part of an internal reorganization exercise to streamline the holdings of the Russian subsidiary within the group companies.

Approval Status: Approved by the board of directors of the respective companies and Aurobindo Pharma Limited in its meeting held on November 4, 2026

Reference Regulation: SEBI Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Part A of Schedule III

Additional Details:

  • Auro Pharma LLC was incorporated on July 24, 2023, in Russia for manufacturing and marketing pharmaceutical products
  • The transaction qualifies as a related party transaction but is exempt from provisions of Regulations 23(2), (3) and (4) of SEBI LODR Regulations as it is between wholly owned subsidiaries
  • No governmental or regulatory approvals required
  • The transaction is being undertaken at arm's length price