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Morepen Laboratories’ arm to incorporate wholly owned subsidiary

25 Jul 2025 Evaluate

Morepen Laboratories’ subsidiary -- Morepen Medipath (MML) has received approval from its board to incorporate a new wholly owned subsidiary named SIGMACHECK HEALTH. Upon incorporation, the aforesaid named company will become a step-down subsidiary of the company. The objective behind the incorporation is to cater the growing demands of the medical devices.  The company will indirectly hold 60% of the equity shares in the proposed new step-down subsidiary through MML.

Morepen Laboratories is engaged in the manufacturing and sale of APis/ Bulk Drugs, Home Diagnostics, Formulations and OTC products.

Morepen Laboratories Share Price

40.18 0.60 (1.52%)
10-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Sun Pharma Inds. 1654.70
Dr. Reddys Lab 1232.00
Cipla 1229.60
Zydus Lifesciences 915.45
Lupin 2332.70
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