FM Global bought 10,670 shares of CORONA Remedies Limited for ₹1.85 Cr at ₹1730.00 apiece in a block deal.
Corona Remedies Limited, founded in 2004 and headquartered in Ahmedabad, is a pharmaceutical company manufacturing and distributing medicines across women's healthcare, cardiology, pain management, and urology. The company operates two manufacturing facilities in Gujarat and Himachal Pradesh, holds EU-GMP and WHO certifications, and maintains market leadership positions in multiple therapeutic segments including rank #5 in women's healthcare and pain management.
FM Global is a US-based mutual insurance company investing in listed Indian equities as part of its investment portfolio.
