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Shasun Pharmaceuticals gets High Court approval for scheme of amalagmation

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Capital Market

Order received on 22 July 2015

Shasun Pharmaceuticals announced that the Hon'ble High Court of Judicature of Madras has sanctioned the Scheme of Amalgamation with Strides Arcolab pursuant to its order dated 16 June 2015. Certified copy of order received on 22 July 2015.

The Scheme of Amalgamation will be effective on receipt of the approval from Hon'ble High Court of Bombay, Foreign Investment Promotion Board and other approvals as may be required and on filing of a copy of the order of Hon'ble High Courts with respective Registrar of Companies.

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First Published: Jul 23 2015 | 11:05 AM IST

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