Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Indegene Limited M&A Activity 2025

Oct 1, 2025

59309_rns_2025-10-01_901ab994-2220-4474-ab2f-f9c1f9b8a638.pdf

M&A Activity

Open in viewer

Opens in your device viewer

INDGN/SE/2025-26/59

==> picture [77 x 77] intentionally omitted <==

October 1, 2025

BSE Limited,
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai- 400001, India.
Scrip Code: 544172
National Stock Exchange of India Limited
Exchange Plaza, C-1, Block G,
Bandra Kurla Complex, Bandra (E),
Mumbai – 400 051, India.
Trading symbol: INDGN

Dear Sir / Madam,

Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Pursuant to provisions of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we hereby inform that the Company’s wholly owned subsidiary, Indegene Ireland Limited has, on September 30, 2025, signed a Share Purchase Agreement (“SPA”) to acquire 100% equity shares in BioPharm Parent Holding, Inc. along with its subsidiaries (collectively, BioPharm) for an amount not exceeding USD 106 Million, subject to cash/net working capital adjustments.

The details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/ 2023/123 dated July 13, 2023, are provided below as Annexure.

The above information is being made available on the website of the Company https://www.indegene.com/.

This is for your information and records.

Yours Sincerely,

For Indegene Limited

Srishti Digitally signed by Srishti Ramesh Ramesh Kaushik Kaushik Date: 2025.10.01 14:20:49 +05'30'

Srishti Ramesh Kaushik

Company Secretary and Compliance Officer

Enclosed: as above

==> picture [132 x 41] intentionally omitted <==

Indegene Limited

Third Floor, Aspen G-4 Block, Manyata Embassy

Business Park (SEZ), Outer Ring Road, Nagawara, Bengaluru560 045, Karnataka, India

Phone: +91 80 4674 4567, +91 80 4644 7777 www.indegene.com

CIN: L73100KA1998PLC102040

Annexure

==> picture [77 x 77] intentionally omitted <==

Sr.
No.
Particulars Description
1. Name of the target entity, details in
brief such as size, turnover etc.;
BioPharm Parent Holding, Inc. along with its subsidiaries
(collectively “BioPharm”) provides data-driven healthcare
provider marketing solutions for Life Sciences clients
BioPharm is headquartered in New Hope, Pennsylvania,
USA, and has over 90 employees all based out of the USA.
BioPharm reported revenues of USD 38.13 Million
(unaudited) in the financial year ending December 2024
2. Whether the acquisition would fall within
related party transaction(s) and whether
the promoter/ promoter group/ group
companies have any interest in the entity
being acquired?
If yes, nature of interest and details
thereof and whether the same is done at
“arm’s length”
No. The transaction does not fall within the related party
transaction and no~~promoter / promoter group /~~group
companies have any interest in the entity being acquired
3. Industry to which the entity being
acquired belongs
Marketing and Communications Agency
4. Objects
and
effects
of
acquisition
(including but not limited to, disclosure of
reasons for acquisition of target entity, if
its business is outside the main line of
business of the listed entity)
To further augment Indegene's capabilities and offerings
in omnichannel marketing agency business
5. Brief details of any governmental or
regulatory approvals required for the
acquisition
Not Applicable
6. Indicative time period for completion
of the acquisition
1stOctober 2025
7. Consideration
-
whether
cash
consideration or share swap or any other
form and details of the same
All-cash
transaction
with
deferred
performance
/
milestone-based consideration.

==> picture [132 x 41] intentionally omitted <==

Indegene Limited

Third Floor, Aspen G-4 Block, Manyata Embassy

Business Park (SEZ), Outer Ring Road, Nagawara, Bengaluru560 045, Karnataka, India

Phone: +91 80 4674 4567, +91 80 4644 7777 www.indegene.com

CIN: L73100KA1998PLC102040

8. Cost of acquisition or the price at which
the shares are acquired
Total purchase consideration amount not exceeding USD
106 Millionsubject to cash/net working capital
adjustments.
9. Percentage
of
shareholding/
control
acquired
and/or
number
of
shares
acquired
100%
10. Brief
background
about
the
entity
acquired in terms of products/line of
business acquired, date of incorporation,
history of last 3 years turnover, country in
which the acquired entity has presence
and any other significant information (in
brief)
BioPharm
provides
marketing
and
communications
solutions to Life Sciences clients in the North American
region.
Date of incorporation: 27 August 2014
Turnover of BioPharm for the following financial years,
ending December:
2022: USD 40.89 Million (unaudited)
2023: USD 35.97 Million (unaudited)
2024: USD 38.13 Million (unaudited)

==> picture [132 x 41] intentionally omitted <==

Indegene Limited

Third Floor, Aspen G-4 Block, Manyata Embassy Business Park (SEZ), Outer Ring Road, Nagawara, Bengaluru560 045, Karnataka, India

Phone: +91 80 4674 4567, +91 80 4644 7777 www.indegene.com

CIN: L73100KA1998PLC102040