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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

60.45 -2.16 (-3.45%)
02-Jul-2026 11:41 View Price Chart
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Company Name CMP
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