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Zyden Gentec gets nod to divest its undertaking in Andhra Pradesh

27 Mar 2014 Evaluate

Zyden Gentec has received an approval for sale, disposal of and / or transfer of whole or substantially whole of company’s undertaking located at 168, IDA, Bollaram Jinnaram Mandai, Medak District, Hyderabad in state of Andhra Pradesh as approved by the shareholders through Postal Ballot dated March 12, 2014. The board of directors at its meeting held on March 26, 2014 has approved for the same.

Zyden Gentec‘s principal activity is to manufacture pharmaceutical products and to provide concultancy services. The company operates in two segments namely Manufacturing & Allied Activities and Financial, Investment & Allied Activities.

Peers
Company Name CMP
Sun Pharma Inds. 1872.40
Dr. Reddys Lab 1279.70
Cipla 1304.70
Zydus Lifesciences 956.65
Lupin 2245.65
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