Parenteral Drugs (India) has informed that the National Company Law Tribunal, Mumbai has ordered the commencement of Corporate Insolvency Resolution Process of Parenteral Drugs (India) vide order, CP IB 690/MB/2020 u/s 7 of IBC dated 09/02/2023 (Thursday), Certified True Copy obtained on 10/02/2023, Friday late evening, thus CIRP Initiated by IRP from 11/02/2023.
The above information is a part of company’s filings submitted to BSE.