Jubilant Life Sciences Limited (BSE:530019) acquired 0.08% stake in Jubilant Biosys Limited from Shyam S. Bhartia, Hari S. Bhartia, Jubilant Capital Private Ltd., Jubilant Energy Private Limited and Jubilant Stock Holding Private Limited for INR 0. Under the terms, Jubilant Life Sciences Limited acquired 0.1 million shares at INR 10 per share. Post acquisition, Jubilant Biosys Limited has become a wholly owned subsidiary of Jubilant Life Sciences Limited. For the year ended March, 2019, Jubilant Biosys Limited reported turnover of INR 1.6 billion and profit after tax of approximately INR 750 million. Jubilant Life Sciences Limited (BSE:530019) completed the acquisition of 0.08% stake in Jubilant Biosys Limited from Shyam S. Bhartia, Hari S. Bhartia, Jubilant Capital Private Ltd., Jubilant Energy Private Limited and Jubilant Stock Holding Private Limited on June 7, 2019.