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MO Alts Buys Majority Stake in Bulk Drug Maker Megafine

Mint Mumbai

|

February 26, 2025

The alternative investment arm of Motilal Oswal Financial Services Ltd has acquired a majority stake in export-focused bulk drug maker Megafine Pharma Ltd for ₹460 crore, betting on its growth as global companies look to diversify supply chains out of China.

- Jessica Jani

MO Alts Buys Majority Stake in Bulk Drug Maker Megafine

Motilal Oswal Alternates (MO Alts) is looking at further inorganic opportunities to grow the platform, Rohit Mantri, managing director and co-head of private equity at MO Alts, told Mint in an interview.

"This is our first sole control investment as MO Alts, and we would focus on further strengthening R&D (research and development) and manufacturing capabilities, and creating a platform for further inorganic opportunities."

Mint Mumbai से और कहानियाँ

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Paint firms strengthen moats as competition heats up

A bruising market-share battle is escalating in India's ₹70,000-crore paints sector, forcing companies to look beyond aggressive discounting and instead strengthen their foothold in key geographical areas while sharpening their product portfolios.

time to read

2 mins

November 28, 2025

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Telcos slam Trai penalty plan for financial report flaws

Trai has proposed turnover-linked penalties for filing incorrect, incomplete financial reports

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2 mins

November 28, 2025

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Consumers warm up to Bolt as it aces 10-min hunger games

A year after launch, Bolt is emerging as Swiggy's fastest-scaling bet.

time to read

2 mins

November 28, 2025

Mint Mumbai

Doing India’s needy a good turn: Everyone is welcome to pitch in

What may seem weakly linked with positive outcomes on the ground could work wonders over time

time to read

3 mins

November 28, 2025

Mint Mumbai

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GOING SOLO: FACING THE GROWING REALITY OF SOLITARY RETIREMENT IN INDIA

What we plan for ourselves isn't always what life plans for us.

time to read

2 mins

November 28, 2025

Mint Mumbai

Mint Mumbai

Catamaran to boost manufacturing bets

Catamaran is focused on a few areas in manufacturing, such as aerospace

time to read

2 mins

November 28, 2025

Mint Mumbai

How the latest labour codes will benefit most employees

Workers may see an increase in some statutory benefits such as gratuity and leave encashment

time to read

4 mins

November 28, 2025

Mint Mumbai

Tune into weak signals in a world of data dominance

World War II saw the full fury of air power in battle, first exercised by Axis forces and then by the Allies, culminating in American B-29 bombers dropping atomic bombs on Hiroshima and Nagasaki.

time to read

4 mins

November 28, 2025

Mint Mumbai

Investors expect AI use to soar. That's not happening

An uncertain outlook for interest rates. Businesses may be holding off on investment until the fog clears. In addition, history suggests that technology tends to spread in fits and starts. Consider use of the computer within American households, where the speed of adoption slowed in the late 1980s. This was a mere blip before the 1990s, when they invaded American homes.

time to read

2 mins

November 28, 2025

Mint Mumbai

Mint Mumbai

Tech startups on M&A route to boost scale, market share

M&As were earlier used to enter new markets or geographies, but that strategy has evolved

time to read

2 mins

November 28, 2025

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