Sun Pharmaceutical Industries on Monday said it was open to engaging new audit firms for subsidiaries and discontinuing domestic sales through a related party, in a bid to assuage investor concerns. The firm said it was open to making changes wherever matters were not in shareholders’ interest.
India’s largest drug maker by sales came under fire over the weekend on charges of inadequate corporate disclosures and insider trading during the acquisition of rival drug maker Ranbaxy. Sun Pharma’s Managing Director Dilip Shanghvi said the company had received no ...
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