Hyderabad: Laurus Labs has announced that the Company has approved an investment of Rs 83 crore in KRKA Pharma, a joint ...

The Board of Laurus Labs at its meeting held on 06 March 2025 has approved investment of an amount of Rs 83.30 crore in KRKA Pharma (KRKA), a joint venture of the Company. Further, KRKA d.d., Novo ...

The said transaction falls under related party transactions. However, the same is being carried at arm’s length price.

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Further, KRKA d.d., Novo mesto, Slovenia (co-venturer), will also invest Rs 86.7 crore in KRKA. With this, they will maintain the existing shareholding ratio of 51:49 between KRKA d.d., Novo mesto ...

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