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Natural Capsules to acquire 40% stake in Supreem Pharmaceuticals Mysore

23 Sep 2015 Evaluate

Natural Capsules has completed the various documentation (Share purchase agreement, Share Subscription agreement and shareholders agreement) pertaining to the investment of acquiring 40% of equity shares from Supreem Pharmaceuticals Mysore.

The company is in the process of investing the first tranche of investment Rs 5 crore and the balance installment investment of Rs 6.50 crore will be invested on or before March 31, 2016.

Natural Capsules is a well-equipped modern manufacturing plant to manufacture hard gelatin capsule shells, Hard cellulose capsule shells and pharmaceutical dosage forms in capsule dosage form.  



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