The cost of acquisition or the price at which the shares were acquired was Rubles 21,15,82,11,060 equivalent to USD 32,17,000.3 (Rs 22.39 crore), it added.
After the completion of this purchase of shares, the total holding of wholly-owned subsidiary was increased from 85.10 per cent to 96.96 per cent in the Russian firm, it added.
PJSC Biosintez had revenues of RUB 2,373 million in 2018. It is mainly engaged in the manufacture and marketing of pharmaceutical products used in the hospital segment of the market.
The company's products include pharmaceuticals for injections, blood substitutes, blood preservatives, ampoules, tablets, ointment, creams, gels, suppositories and API among others, the filing added.