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SMS Pharmaceuticals invests Rs 6.98 crore in VKT Pharma

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Capital Market
Last Updated : Mar 25 2017 | 12:03 AM IST

Total shareholding in VKT Pharma increases to 40.26%

SMS Pharmaceuticals has invested an amount of Rs 6.98 crore in VKT Pharma, an associate company, by subscribing to 3.10 lakh equity shares of Rs 10 each at a price of Rs 225 per share, including premium of Rs 215 per share.

Consequent to this investment, the total holding of the Company has increased to 40.26% of total paid up share capital of VKT Pharma.

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First Published: Mar 24 2017 | 6:01 PM IST

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