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Laurus Labs invests Rs 12.09 crore in KRPL
Oct-07-2026

Laurus Labs has invested Rs 12.09 crore and acquired 1,20,96,050 equity shares of Kurnool Renewables (KRPL), an associate company of Laurus Labs, at face value of Rs 10 each by way of rights issue. Consequent to this investment, the total holding of the company in KRPL is 2,11,68,000 equity shares of Rs 10 each and the percentage of shareholding by the company shall remain same at 26%.

Laurus Labs is engaged in offering a broad and integrated portfolio of API including intermediates, Generic FDF and Contract Research services to cater to the needs of the global pharmaceutical industry and to develop novel enzyme solutions for Industrial Biotechnology and Animal Origin Free recombinant proteins and enzymes for biopharma.

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