Pharma firm Kopran today said it has received Board's approval for sale of consumer care unit, which manufactures and sells oral care and lifestyle products.
The Board of Directors has approved the sale with effect from April 1, 2015, Kopran said in a BSE filing.
"... The board of directors of the company at its meeting held on July 14, 2015, approved the sale of consumer care division with effect from April 1, 2015, along with all its assets and liabilities," the company said.
Kopran is the group company of Parijat Enterprises and its consumer care division manufactures deodorant, deo talc, face wash, moisturiser and tooth paste.
In FY2015, the company had a revenue of Rs 325.59 crore.
Shares of the company today settled at Rs 60.30, up 1.34 per cent on BSE.
