Apollo Hospitals Enterprise Limited has announced that its unlisted material subsidiary, Apollo Healthco Limited (AHL), has acquired 90,000 equity shares of Apollo Consumer Products Limited (ACPL). This acquisition, valued at ₹9 lakh, represents 100% of the issued and paid-up capital of ACPL. The shares were purchased at a price of ₹10 per share.
Apollo Consumer Products Limited, a newly incorporated entity, has now become a wholly-owned subsidiary of Apollo Healthco Limited and a step-down subsidiary of Apollo Hospitals Enterprise Limited. The acquisition was conducted as a related party transaction at arm’s length, with no additional interest from the promoter group other than the transaction itself.
ACPL is set to engage in the fast-moving consumer goods (FMCG) sector, focusing on the trading, distribution, and sale of a diverse range of consumer products. These include food and beverages, personal care, home care, healthcare and wellness products, baby care products, and other daily-use consumer goods. The company plans to operate through multiple channels, including physical retail, distribution networks, and digital platforms such as e-commerce and direct-to-consumer (D2C) models.
The acquisition, completed without the need for governmental or regulatory approvals, was conducted entirely in cash. Apollo Healthco Limited now holds 100% of the share capital of Apollo Consumer Products Limited.
Apollo Consumer Products Limited was incorporated on 11th March 2026 and is yet to commence operations, hence no turnover is reported for the past three years. The company is incorporated in India.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).