Galaxy Vitacare Private Limited, Symbiosis Pharmaceutical Services Limited and Ramit Walia entered a share purchase agreement to acquire a 23.93% stake in Prism Medico and Pharmacy Limited (BSE:512217) from Ajooni Biotech Limited (NSEI:AJOONI), Parmjeet Kaur, Jasjot Singh and Charanjit Singh Bhatia for INR 15.96 million on November 28, 2022. Ajooni Biotech Limited will used the proceeds for the business purpose. As of February 16, 2023, the Committee of Independent Directors has concluded that open offer is fair and reasonable.