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07-04-2022 09:43 AM | Source: Accord Fintech
Shilpa Medicare executes transfer agreement with Shilpa Pharma Lifesciences
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Shilpa Medicare has executed business transfer agreement with Shilpa Pharma Lifesciences (Formerly known as Shilpa Corporate Holdings) the transferee company which is complete and effective from June 30, 2022. With effect from closing of the transaction, Shilpa Pharma Lifesciences, a wholly owned subsidiary of Shilpa Medicare shall operate the API (Active Pharmaceutical Ingredient) business.

Shilpa Medicare produces and exports consistently high-quality Active Pharmaceutical Ingredients Fine Chemicals, intermediates, herbal products and speciality chemical products using sophisticated technology, meticulously following international specifications.