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Gufic Biosciences gets nod to amalgamate Gufic Lifesciences with itself

21 Sep 2018 Evaluate

Gufic Biosciences has received an approval for the scheme of amalgamation of Gufic Lifesciences with the company and their respective shareholders and creditors. The Board of Directors of the company at its meeting held on September 20, 2018 has approved the same.

Gufic Lifesciences primarily engaged in the business of manufacturing of pharmaceutical formulations. The company has its main focus on developing life-saving injectables at its EU-GMP certified manufacturing facility located at Naysari, Gujarat and is the one of the largest manufacturer of Lyophilised injections.

Gufic Biosciences is engaged in diversified business viz. Pharma, Healthcare, Bio- Technology, Seeds, Herbal etc.

Peers
Company Name CMP
Sun Pharma. Inds. 1853.50
Dr. Reddys Labs. 1202.80
Cipla 1397.20
Lupin 2090.00
Zydus Lifesciences 1202.00
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