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Board of Pharmaids Pharmaceuticals approves scheme of amalgamation

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Capital Market

At meeting held on 18 July 2018

The Board of Pharmaids Pharmaceuticals at its meeting held on 18 July 2018 has approved a Scheme of Amalgamation pursuant to section 230 to 232 of the Companies Act, 2013 for amalgamation of Emergent Bio Naturals (Transferor Company) into Pharmaids Pharmaceuticals (Transferee Company).

The Transferor Company is engaged in the business of trading of Nutraceuticals products and Drug Intermediaries & Cosmetic Chemicals, APIs, Herbal and Ayurveda etc.

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First Published: Jul 18 2018 | 1:59 PM IST

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