Brief: Sudarshan Pharma Industries Approves Acquisition Of 100% Stake In Ratna Lifesciences Pvt Ltd
Aug 9 (Reuters) - Sudarshan Pharma Industries Ltd
SUDA.BO :
* APPROVES ACQUISITION OF 100% STAKE IN RATNA LIFESCIENCES
PVT LTD
* DEAL FOR 55 MILLION RUPEES
* ACQUISITION WILL HELP SPIL TO FORAY INTO ONCOLOGY BUSINESS
* CO ALSO IN PROCESS TO ACQUIRE ADJACENT MIDC LAND TO
INCREASE
OVERALL PLANT AREA
* LAND ACQUSITION WILL ENABLE RATNA LIFESCIENCES INCREASE
ANNUAL
TURNOVER ABOUT BY 10 TIMES FROM EXISTING CAPACITY
Source text for Eikon: ID:nBSE43lD3d
Further company coverage: SUDA.BO
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Sudarshan Pharma Industries
See all newsBrief: Sudarshan Pharma Industries To Consider Fund Raising Via Equity, Convertibles, Warrants Or Debt
Brief: Sudarshan Pharma Industries Incorporates Sudarshan Industries Inc As Subsidiary In USA
Brief: Sudarshan Pharma Industries Ltd To Consider Issuance Of Foreign Currency Convertible Bonds
Brief: Sudarshan Pharma Industries Says GST Inspection Conducted By Mumbai Tax Department
Brief: Sudarshan Pharma Industries Appoints Sachin Mehta As CFO