Strides Shasun has informed that the Exchange vide letter dated April 06, 2016 that they refer to the interview with Rajiv Malik, President of Mylan, published by Economic Times on April 5, 2016 (online edition), in which it was mentioned that Arbitration is going on in London. They wish to clarify that, as on date, there is no arbitration proceeding under way between Mylan and Strides. They had intimated to the Stock Exchanges regarding the Notification of Claims received from Mylan, on December 15, 2015. Since then there are no developments that require any further intimation to the Stock Exchanges.
The above information is a part of company’s filings submitted to BSE.
