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Board of Aurobindo Pharma approves restructuring of subsidiaries

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Last Updated : Mar 01 2021 | 12:16 PM IST

At meeting held on 27 February 2021

The Board of Aurobindo Pharma at its meeting held on 27 February 2021 has approved the following -

1. Transfer of all equity shares held in Lyfius Pharma, a wholly owned subsidiary of the Company, to Aurobindo Antibiotics, another wholly owned subsidiary of the Company.

2. Transfer of all equity shares held in Qule Pharma, a wholly owned subsidiary of the Company, to Aurobindo Antibiotics, another wholly owned subsidiary of the Company.

3. Transfer of business undertaking comprised in Unit-10, on a going concern basis, to APL Healthcare, a wholly owned subsidiary of the Company.

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First Published: Mar 01 2021 | 11:53 AM IST

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