As part of internal restructuring within the group, Board of Directors of Strides Pharma Science Limited at their meeting, have approved acquisition of 100% shareholding in Strides Pharma Services Private Limited (SPSPL).

SPSPL is currently a wholly owned subsidiary (WOS) of Arco Lab Private Limited, a WOS of the Company. Post the said acquisition, SPSPL shall be a direct WOS of the Company.

SPSPL was set up to provide business support services for pharmaceutical and biopharmaceutical sector, within India and across the world.