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Ipca Laboratories secures approval for voluntary closure of Mexico-based subsidiary

05 Dec 2024 Evaluate

Ipca Laboratories has received necessary approval for voluntary closure of its wholly owned subsidiary Ipca Pharmaceuticals Ltd SA de CV, Mexico. The approval letter dated November 28, 2024 from Mexican authority received by the Company on December 4, 2024.

This wholly owned subsidiary incorporated in Mexico was not doing any business for the past several years. Voluntary closure of this wholly owned subsidiary will not have any impact on Company’s business or financials.

Ipca Laboratories is engaged in manufacturing of active pharmaceutical ingredients and formulations.


Ipca Laboratories Share Price

1530.60 -0.60 (-0.04%)
04-May-2026 16:59 View Price Chart
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