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Ind-Swift Laboratories gets nod to sell M/s. Halcyon life Sciences

31 Mar 2023 Evaluate

Ind-Swift Laboratories has received approval from board of directors to sell wholly owned subsidiary namely ‘M/s. Halcyon life Sciences’ to ‘M/s. RN Chemicals & Pharmaceutical’ for Rs 50 lakh. The Audit Committee and Board of the Directors of the Company at its meeting held on March 30, 2023 has approved the same.

Ind-Swift Laboratories is global manufacturer of Active Pharmaceutical Ingredients (API), Intermediates and formulations (through group collaboration).

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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