Apollo Healthco Limited (AHL), a material unlisted subsidiary of Apollo Hospitals Enterprise Limited, has fully acquired Apollo Consumer Products Limited (ACPL). The acquisition involved purchasing 100% of ACPL’s issued and paid-up capital for a total consideration of INR 9.00 Lakhs, or INR 10/- per share. ACPL, though newly incorporated, is set to operate in the Fast Moving Consumer Goods (FMCG) sector, positioning AHL for vertical integration into product trading and distribution.
Details of the Strategic Acquisition
Apollo Hospitals Enterprise Limited hereby discloses the complete acquisition of Apollo Consumer Products Limited (ACPL) by its material subsidiary, Apollo Healthco Limited (“AHL”). AHL, which holds a 78.88% equity stake in AHL on a fully-diluted basis, successfully procured the remaining shares.
The transaction involved the acquisition of 90,000 equity shares of ACPL, each with a face value of INR 10/-. The total aggregate cost for this transaction was INR 9.00 Lakhs, with shares purchased at Par value.
Consequent to this purchase, ACPL has transformed into a wholly owned subsidiary of AHL and consequently, a step-down subsidiary of the Listed Entity.
Target Entity Profile (ACPL)
ACPL was incorporated on March 11, 2026, and as a newly established entity, it has not yet commenced operations, resulting in no prior turnover figures.
The primary business focus of ACPL is the Fast Moving Consumer Goods (FMCG) industry. Its objectives include the trading, distribution, and sale of a wide array of consumer products, such as food and beverages, personal care, home care, healthcare, wellness products, and baby care items. Furthermore, ACPL will manage supply chain management, warehousing, and logistics for these products, utilizing physical retail, distribution networks, and e-commerce (D2C) models.
Related Party Transaction Confirmation
The acquisition qualified as a related party transaction as it involved acquiring shares from the initial shareholders. However, the terms confirm that the transaction was undertaken at “arm’s length.” The Promoter/Promoter group holds no interest in ACPL beyond the direct share acquisition detailed herein.
Impact Assessment
The management confirms that there is no significant impact on the Listed Entity resulting from this acquisition, given that the total acquisition value was a modest INR 9.0 Lakhs relative to the size of the parent company.
Source: BSE
