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Wockhardt incorporates new subsidiary

05 Jul 2021 Evaluate

Wockhardt has incorporated a new subsidiary namely Wockhardt Biologics under the provisions of the Companies Act, 2013 on July 2, 2021. The Authorised, subscribed and paid-up capital of the Wockhardt Biologics is Rs 5,00,000 divided into 50,000 equity shares of Rs 10 each out of which Wockhardt will hold approximately 65% of the total share capital while the remaining stake will be held by certain Promoter Group/ Group entities.

Wockhardt is a research based global pharmaceutical and Biotech Company headquartered in Mumbai, India.

Peers
Company Name CMP
Sun Pharma. Inds. 1782.85
Dr. Reddys Labs. 1196.05
Cipla 1335.60
Lupin 2010.00
Zydus Lifesciences 1142.55
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