Sun Pharma's extra discount to tide over GST wave

Sop for stockists to ensure easy availability of medicines

Sun Pharmaceuticals’ promoter Aditya Medisales has written to all stockists of the company’s products telling them that they will get extra discount, especially in the consumer health segment.

This is an attempt to ensure that its products are available even with the roll out of the goods and services tax on July 1.

The company is offering an additional discount of 8 per cent on June purchases, if these are greater than average purchases in April and May. They are also providing additional 7 per cent discount on purchases that are more than 80 per cent of April and May