Hikal Limited (BSE:524735) acquired 26% stake in Radiance MH Sunrise Two Private Limited and Radiance MH Sunrise Four Private Limited for INR 46.2 million on December 12, 2022. The consideration is paid in cash Hikal acquired 12,60,000 Equity Shares for INR 10 from Radiance Mh Sunrise Two Private Limited and 33,60,000 Equity Shares for INR 10 of Radiance MH Sunrise Four Private Ltd. Net worth of Radiance Mh Sunrise Two is INR 0.21847 million and Radiance MH Sunrise Four is INR 0.06161 million.

Hikal Limited (BSE:524735) completed the acquisition of 26% stake in Radiance MH Sunrise Two Private Limited and Radiance MH Sunrise Four Private Limited on December 12, 2022.