| <p>Eiko LifeSciences Limited announced the incorporation of Oval Eiko Resources Private Limited, a joint venture between its wholly-owned subsidiary, Eiko Scientific Solutions LLP, and Oval Projects Engineering Limited, with each holding 50% of the share capital. The new company, incorporated on November 12, 2026, will focus on renewable energy, specifically Compressed Bio Gas production and distribution, and has an authorized and paid-up share capital of Rs 5,00,000. Eiko LifeSciences stated the joint venture aims to diversify its specialty chemicals and API business into the renewable energy sector, and the transaction qualifies as a related party transaction conducted at arm’s length.</p> |