Company disposed the business. Company is in advanced stage of negotiation to diversify and take over a sick companyBackground The Chemo Pharma Laboratories Limited was established in 1942 and has been making pharmaceuticals and diversified into bulk drugs. However due to increase in competition and flow of new drugs, Company...
Chemo Pharma Laboratories has received a request from Ms. Shanta Somani, a shareholder currently part of the Promoter Group, for reclassification to a Public Shareholder. This request will be considered by the Board of Directors in an upcoming meeting. If the Board approves this change, it will alter her shareholder...
Chemo Pharma Laboratories announced its statutory auditor, Sanjay Rane & Associates LLP, has resigned effective July 23, 2025. The auditors cited pre-occupation with other assignments as the reason for their resignation, confirming no disputes with management or concerns regarding information suppression. This development is significant as the company will now...
Chemo Pharma Laboratories Ltd. has announced that Atibha Agriseeds Private Limited, a company promoter, has increased its stake by purchasing 48,781 equity shares via open market operations. This transaction, valued at 4,878,100, raises the promoter's holding from 24.63% to 27.88% of the total share capital. This strengthens the promoter's ownership...
Chemo Pharma Laboratories Ltd. has disclosed that a promoter, who became such after the open offer, sold equity shares of the company. This mandatory disclosure by the company is to comply with insider trading regulations. For investors, this provides crucial transparency regarding significant share transactions by key insiders, which is...
Chemo Pharma Laboratories Ltd has disclosed a significant change in its shareholding structure. Promoter Atibha Agriseeds Private Limited has fully exited its position by selling all its 3.96 Cr equity shares in the company. This transaction reduces Atibha Agriseeds' stake from 69.85% to 0%. This complete divestment by a major...
