Nectar Lifesciences Merger & Restructuring Worth ₹11.22 Cr
Nectar Lifesciences sold its non-core unit, Narbada Industries, including land leasehold rights and machinery, to Shree Balaji Cold Chain & Storage Services for ₹11.22 Crore.
- Value
- ₹11.22 Cr
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Nectar Lifesciences sold its non-core unit, Narbada Industries, including land leasehold rights and machinery, to Shree Balaji Cold Chain & Storage Services for ₹11.22 Crore.
Nectar Lifesciences extended the expected completion date for the slump sale of its Empty Hard Gelatin Capsule business to Capnest Health Care to December 31, 2026.
Nectar Lifesciences Limited has extended the completion date for the slump sale of its Empty Hard Gelatin Capsule business to Capnest Health Care Private Limited. The parties mutually agreed to extend the expected closing to July 31, 2026. Other transaction terms remain unchanged from the previous disclosure dated December 20, 2025.