Eris Lifesciences Ltd (BOM:540596)
₹ 1353.8 11.3 (0.84%) Market Cap: 184.29 Bil Enterprise Value: 213.23 Bil PE Ratio: 52.93 PB Ratio: 6.65 GF Score: 93/100
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Eris Lifesciences Ltd to Acquire Biocon Biologics Ltd Call Transcript

Mar 14, 2024 / 11:00AM GMT
Release Date Price: ₹863.5 (+3.99%)
Operator

Ladies and gentlemen, good day, and welcome to the Webcast of Eris Lifesciences Limited. We have with us on call today, Mr. Amit Bakshi, Chairman and Managing Director; and Mr. V. Krishnakumar, Chief Operating Officer and Executive Director.

As a reminder, all participant lines will be in the listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes. All the participants are requested to restrict the discussion to the deals announced today. Please note, this webcast is being recorded. I now hand the conference over to Mr. V. Krishnakumar, Chief Operating Officer and Executive Director of the company. Thank you and over to you, sir.

Krishnakumar Vaidyanathan
Eris Lifesciences Ltd - Chief Operating Officer, Executive Director

Good afternoon, everybody. Welcome to this webcast. We are here to talk about the two announcements we have made today. Eris proposes to acquire the India branded formulations business of Biocon Biologics and 19% stake in Swiss Parenterals from Eris Promoter Group. At the outset,

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