Pharmaceutical company Morepen Laboratories Limited announced it has elevated Amita Sharma, VP – Commercial & PPC, as Chief Operating Officer – API of the company, with effect from March 1, 2024. According to the company’s exchange filing, “Pursuant to the provisions of Regulation 30 of SEBI (LODR) Regulations, we wish to inform you that Mrs.…
Morepen Laboratories Limited, a leading manufacturer of high-quality APIs, Home Diagnostics, Formulations and OTC products, has approved an incoming investment of Rs. 433 crore in the Extra-Ordinary General Meeting (EGM) of the company. The members approved the issue and allotment of 58.50 million equity shares for cash to Corinth Investment Holdings AG, Switzerland Rs.41.60 per…
The Board of Directors of Morepen Laboratories Limited approved the investment proposed by Corinth Group (Corinth), a global private investment Group headquartered in Switzerland, ‘to the extent of USD 32.50 million in the parent company, Morepen Laboratories Limited (“Morepen” or “The Company”), out of a total USD 100 million investment in the promoter group, subject…