COMPANY NEWS


ERIS Lifesciences Ltd
BSE Code 540596 ISIN Demat INE406M01024 Book Value (₹) 184.65 NSE Symbol ERIS Div & Yield % 0.42 Market Cap ( Cr.) 23,886.97 P/E * 314.31 EPS * 5.58 Face Value (₹) 1
* Profit to Earning Ratio
* Earning Per Share
Board of Eris Lifesciences approves acquisition of 30% stake in Levim Lifetech Back
(25 Oct 2024)
The Board of Eris Lifesciences at its meeting held on 25 October 2024 has approved the execution of Binding Term Sheet with Levim Lifetech and its shareholders for the purpose of acquiring 30% stake in Levim Lifetech for an investment of Rs 54 crore at a pre-money equity valuation of Rs 126 crore. The acquisition is aimed at expansion of the company's biotechnology footprint across a wide range of products and technologies.