Sun Pharma to sell 100 percent stake in Japanese arm
Written By : Ruchika Sharma
Medically Reviewed By : Dr. Kamal Kant Kohli
Published On 2025-01-01 05:30 GMT | Update On 2025-01-01 05:30 GMT
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Mumbai: Sun Pharmaceutical Industries Limited has entered into an agreement with Zaza Industrial Holdings K.K, Japan, under which Sun Pharma has agreed to sell 100% shares held in Sun Pharma Japan Technical Operations Limited, a step-down subsidiary of the Company (through its subsidiary, Sun Pharma Japan Limited).
Consequently, Sun Pharma Japan Technical Operations Limited shall cease to be a subsidiary of the Company. The expected date of completion of sale/disposal will be January 31, 2025.
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