
Sun Pharmaceutical Industries Ltd. announced that the shareholders of Organon & Co. have approved the proposals related to the company's previously announced acquisition. The approval represents a significant step towards completing the transaction under which Organon will become an indirect wholly-owned subsidiary of Sun Pharma.
According to the company, Organon's shareholders have approved the proposals connected with the merger transaction. Following completion, Organon is expected to become a wholly-owned subsidiary of Sun Pharmaceutical Holdings USA, Inc., an indirect wholly-owned subsidiary of Sun Pharma.
Sun Pharma stated that the shareholder approval marks an important milestone in the acquisition process. However, the transaction has not yet been completed and remains subject to the fulfilment of the remaining customary closing conditions.
The company said the proposed acquisition continues to require applicable regulatory approvals and satisfaction of other customary closing conditions before the transaction can be completed. Sun Pharma also referred investors to its April 27, 2026 announcement for additional details regarding the acquisition.
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As of July 24, 2026, at 1:43 PM, Sun Pharmaceutical Industries share price was trading at ₹1,940.00 per share, reflecting a decline of 0.72% from the previous trading session.
Organon shareholders have approved the proposed acquisition by Sun Pharma. The transaction remains subject to regulatory approvals and other customary closing conditions before it is completed.
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Published on: Jul 24, 2026, 2:35 PM IST

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