Common Contracts
1 similar null contracts
Dissected by – Team M&ADecember 3rd, 2008
In May 2008, Emami Limited (“Emami”), an Indian public limited company, entered into share purchase agreements (“ Agreements”) with Devkumar Vaidya and family, the co-promoters of Zandu Pharmaceuticals Works Limited (“ Zandu ”) and persons acting in concert (collectively “Vaidyas”), to acquire 23.62% stake in Zandu. Prior to this acquisition, Emami was already holding 3.9% equity stake in Zandu which was acquired through open market purchases.
