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Strides Shasun gets NCLT approval for scheme of arrangement

Capital Market 

On 22 March 2018

announced that the National Company Law Tribunal, Mumbai Bench vide its Order dated 09 March 2018, issue on 22 March 2018 has approved the composite scheme of arrangement involving the demerger of commodity business of Strides and human business of SeQent Scientific into Solara Active Pharma Sciences. The appointed date for the demerger is 01 October 2017.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, March 23 2018. 11:16 IST
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