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Board of Suven Pharmaceuticals approves investment in new associate company

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Capital Market
Last Updated : Jul 23 2021 | 4:04 PM IST

At meeting held on 23 July 2021

The Board of Suven Pharmaceuticals at its meeting held on 23 July 2021 has approved investment of Rs 2.50 lakh (equivalent to 25% stake) by way of subscription in the new associate company - Rising Pharma Specialities, under incorporation in India to take care of back office operations relating to Regulatory, Accounting, Information and Technology and other Logistic Services for Rising Pharma Holdings, Inc., USA.

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First Published: Jul 23 2021 | 3:50 PM IST

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