In a significant corporate update, Alkem Laboratories Limited, a renowned pharmaceutical major in India, has officially announced the completion of its acquisition of Bombay Ortho Industries Private Limited through its wholly owned subsidiary Alkem Medtech Private Limited. The acquisition was finalized on 16th April 2025, as per the provisions outlined in the share purchase and share subscription agreement dated 15th March 2025. This marks an important milestone in Alkem’s strategic expansion and consolidation of its foothold in the medical devices and orthopaedic products segment.

This development comes in continuation of Alkem's earlier announcements dated 07th February 2025 and 15th March 2025, where the company had disclosed its intent to acquire 100% stake in Bombay Ortho, a domestic company known for its specialized orthopaedic offerings. With the completion of this acquisition, Bombay Ortho Industries Private Limited now officially becomes a wholly owned step-down subsidiary of Alkem Laboratories Limited. This update was shared with the BSE Limited and National Stock Exchange of India Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR Regulations).

The acquisition of Bombay Ortho by Alkem Medtech Private Limited is a calculated move aimed at enhancing Alkem’s vertical integration and expanding its product offerings in the healthcare domain. The completion of this transaction is in line with Alkem’s broader strategic objective of entering new segments and consolidating its position in high-growth sectors such as orthopaedic medical devices.

The SEBI LODR disclosure filed with the stock exchanges notes that the acquisition has been completed “in accordance with the conditions prescribed in the share purchase and share subscription agreement dated 15th March 2025.” This implies that all regulatory and contractual obligations have been met, allowing the deal to close smoothly. Such timely compliance also reflects Alkem’s commitment to transparent corporate governance and adherence to SEBI-mandated regulatory norms.

Alkem Medtech Private Limited, the acquirer in this transaction, is a wholly owned subsidiary of Alkem Laboratories, and plays a pivotal role in the parent company's diversification strategy. The acquisition will allow Alkem to expand its reach in orthopaedic product development, distribution, and commercialization. With the addition of Bombay Ortho to its portfolio, Alkem is likely to boost its presence in a niche market that is growing both in India and globally.

Bombay Ortho Industries Private Limited, the acquired entity, has been engaged in the manufacture and supply of orthopaedic implants and instruments. Their specialized focus and technological capabilities will now be complemented by Alkem’s vast resources, distribution network, and R&D capabilities, thereby creating a synergy that benefits both organizations. It also paves the way for Alkem to explore newer markets and opportunities in the medical technology space, which is increasingly gaining prominence.

This acquisition also aligns with a broader industry trend where pharmaceutical companies are actively investing in adjacent healthcare sectors such as medical technology, diagnostics, and medical devices, to create comprehensive healthcare solutions and build resilient business models. For Alkem, the completion of this acquisition signifies its foray into the medtech vertical with an asset that has deep-rooted manufacturing expertise and domestic market knowledge.

Importantly, Alkem’s regulatory communication underscores its compliance with SEBI LODR Regulations. By disclosing the completion of the transaction to the exchanges, Alkem reaffirms its focus on corporate transparency and timely investor communication. A copy of this disclosure will also be made available on the company’s official website, in accordance with Regulation 30(8) of the SEBI LODR Regulations, ensuring wider accessibility to stakeholders.

For investors and market watchers, this development could be seen as a positive signal for Alkem Laboratories’ growth trajectory, especially as it diversifies beyond its core pharmaceutical operations. The move to strengthen its presence in orthopaedic solutions through the strategic acquisition of Bombay Ortho is expected to add long-term value to the company’s portfolio and financial performance.

In light of this event, industry analysts may anticipate further strategic investments and acquisitions by Alkem in the medtech or healthcare technology segments, as companies increasingly focus on integrated healthcare solutions. Alkem’s ability to identify and integrate such assets could position it as a leader in the next wave of healthcare innovation in India.

To summarize, the acquisition of Bombay Ortho Industries by Alkem Medtech, a wholly owned subsidiary of Alkem Laboratories, was completed on 16th April 2025. This milestone makes Bombay Ortho a wholly owned step-down subsidiary of Alkem. The development is in full compliance with all terms under the share purchase agreement signed on 15th March 2025, and follows prior disclosures made in February and March 2025. The announcement was made under SEBI LODR Regulations, and reflects Alkem’s ongoing commitment to regulatory compliance, business growth, and expansion in the orthopaedic and medical devices space.

This strategic acquisition will likely play a crucial role in strengthening Alkem Laboratories’ position in India’s healthcare ecosystem, while reinforcing its long-term vision of innovation-led growth across complementary verticals. As stakeholders await further developments, this successful closure of the Bombay Ortho acquisition showcases how Alkem continues to evolve as a future-focused, diversified healthcare leader in India.

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