Granules India, a fast growing pharmaceutical manufacturer has received the shareholders approval for the proposed acquisition of Auctus Pharma, a manufacturer of Active Pharmaceutical Ingredients (APIs). The company has earlier on November 5, 2013 signed a definite agreement for the acquisition of Auctus Pharma.
The board was also authorized to mortgage/charge assets of the company for an amount not exceeding Rs 750 crore.
Granules India is a fast growing pharmaceutical manufacturing company with world class facilities and is committed to manufacturing excellence, quality and customer service. The Company produces Finished Dosages (FDs), Pharmaceutical Formulation Intermediates (PFIs) and Active Pharmaceutical Ingredients (APIs) for quality conscious customers in the regulated and semi-regulated markets.