Cipla liquidates wholly-owned unit as a part of inside reorganisation

Cipla liquidates wholly-owned unit as a part of inside reorganisation

Drug main Cipla on Saturday mentioned it has voluntarily liquidated a wholly-owned step-down subsidiary.

This liquidation was part of inside reorganisation and it’ll not have an effect on efficiency or income of the corporate, Cipla mentioned in a BSE submitting.

“Cipla (UK) Ltd, a completely owned subsidiary of Cipla (EU) Ltd and a completely -owned step down subsidiary of the corporate, has been voluntarily liquidated with impact from March 5, 2021,” the Mumbai-based drug agency mentioned.

(Solely the headline and film of this report might have been reworked by the Enterprise Commonplace employees; the remainder of the content material is auto-generated from a syndicated feed.)

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