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Sun Pharmaceutical Industries informs about scheme of arrangement

03 Dec 2018 Evaluate

Sun Pharmaceutical Industries has informed that Scheme of Arrangement among Sun Pharma Global FZE and the company and their respective members and creditors for demerger of the Specified Undertaking (as defined in the Scheme of Arrangement) of Sun Pharma Global FZE into the company, is effective from December 01, 2018 as the company has filed the National Company Law Tribunal order along with Scheme of Arrangement in E-form INC-28 with Registrar of Companies, Gujarat on December 01, 2018. The appointed date for the said Scheme of Arrangement is April 01, 2017.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Sun Pharma. Inds. 1782.70
Dr. Reddys Labs. 1199.70
Cipla 1332.40
Lupin 2008.40
Zydus Lifesciences 1154.50
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