CALCULATE YOUR SIP RETURNS

Nectar Lifesciences Share Price Decline Over 15% After Core Business Sale for ₹1,270 Crore

Written by: Team Angel OneUpdated on: 8 Jul 2025, 3:48 pm IST
Nectar Lifesciences shares fell 15% after announcing ₹1,270 crore core business sale to Ceph Lifesciences to reduce debt and support strategic goals.
Nectar Lifesciences Share Price Decline Over 15% After Core Business Sale for ₹1,270 Crore
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

Nectar Lifesciences saw a sharp stock decline of over 15% after revealing a major restructuring step involving the sale of its core business for ₹1,270 crore. The deal is part of the company's broader plan to reduce debt obligations and reallocate resources towards emerging opportunities.

Core Business Sold for ₹1,270 Crore to Ceph Lifesciences

On July 8, 2025, Nectar Lifesciences signed a definitive agreement with Ceph Lifesciences Pvt Ltd to sell its core division, which includes manufacturing and marketing of APIs and formulations, for ₹1,270 crore. This transaction is structured as a slump sale and is expected to be completed by or before September 20, 2025, subject to customary approvals.

Menthol Business Also Sold for ₹20 Crore

In addition to the core unit, Nectar also signed an asset purchase agreement with Ceph Lifesciences for the sale of its menthol business at ₹20 crore. Together, these sales are set to bring strategic realignment and improved capital efficiency.

Purpose of the Strategic Sale

The company intends to use the funds to repay existing debt, fuel new ventures, reward shareholders based on requisite approvals, and finance growth initiatives. This move signifies a shift in company focus towards innovation and agility in emerging sectors.

Read More: Back To Back Upper Circuit: Colab Platforms Share Price Zooms 60%, Know The Reason!

No Change in Shareholding Pattern

Despite the sale, Nectar Lifesciences confirmed that there will be no change in the existing shareholding pattern. The decision will be formally presented for approval at the Extraordinary General Meeting scheduled on August 4, 2025.

Nectar Lifesciences Share Price Performance

On July 8, 2025, Nectar Lifesciences share price opened at ₹22.05 on NSE, below the previous close of ₹23.13. During the day, it surged to ₹22.05 and dipped to ₹18.70. The stock is trading at ₹19.29 as of 9:56 AM. The stock registered a significant decline of 16.60%.

Over the past week, it has declined by 15.36%, over the past month, it has declined by 16.60%, and over the past 3 months, it has declined by 17.10%.

Conclusion

Nectar Lifesciences’ ₹1,270 crore core business sale marks a pivotal step toward financial restructuring. With plans to reduce liabilities and invest in future growth areas, the company is positioning itself for a streamlined and innovation-driven trajectory.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities are subject to market risks. Read all related documents carefully before investing.

Published on: Jul 8, 2025, 10:18 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

Know More

We're Live on WhatsApp! Join our channel for market insights & updates

Open Free Demat Account!

Join our 3 Cr+ happy customers

+91
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3 Cr+ happy customers