29 Sep 2025 | 3 Mins Read
Penny stock considers Singapore firms' 25% stake acquisition proposal
Flipitmoney
Welcure Drugs and Pharmaceuticals' share price rose 2% to ₹6.19 on September 29 after the company announced a letter of intent from Telexcell Trade PTE LTD to acquire up to 25% equity at ₹20 per share. The board rejected any demand for management influence, stating that Telexcell would be treated like any other shareholder.