News | March 13, 2024
Nirma acquires majority stake in Glenmark Life Sciences
Completes acquisition of 75% of share capital from Glenmark Pharmaceuticals
Completes acquisition of 75% of share capital from Glenmark Pharmaceuticals
Glenmark Life Sciences will manufacture API in the therapeutic area of urinary anti-spasmodic, to supply to the global innovator
Will continue to own a 7.84 per cent stake in Glenmark Life Sciences with the stake reduction
The net profit in the June quarter was also lower than Rs 146.3 crore reported in the March quarter.
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