Shilpa Medicare board gives nod to establish subsidiary in Malaysia
Shilpa Medicare Limited has decided to establish a wholly-owned subsidiary in Malaysia for the business operations of the company.
"The Board of Directors of the company at its meeting held on September 18, 2020, approved to establish a whole owned subsidiary in Malaysia for the business operations of the company," the company informed the exchanges on Friday.
The company last week had announced the merger of its wholly-owned subsidiary INM Technologies Private Limited with Shilpa Medicare.
Also Read: Shilpa Medicare launches ready-to-drink green tea films in India
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