Elder Pharmaceuticals to sell overseas units
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Elder Pharmaceuticals is in the process of considering selling its overseas subsidiaries. The company is reported to have been facing a severe financial crunch.
It was earlier reported in May by PTI on the grim financial situation of the company where it is required to repay all its creditors and fixed deposit holders.
"We are committed to repaying all our creditors and FD holders and are on the revival path with substantial growth in our business operations," Elder Pharmaceuticals managing director Alok Saxena had said in a statement.
It was earlier reported in May by PTI on the grim financial situation of the company where it is required to repay all its creditors and fixed deposit holders.
"We are committed to repaying all our creditors and FD holders and are on the revival path with substantial growth in our business operations," Elder Pharmaceuticals managing director Alok Saxena had said in a statement.
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