Mankind Pharma has executed the Business Transfer Agreement (BTA) on 03 September 2024 to transfer Over the Counter (OTC) Business Undertaking (defined in the BTA) of the Company as a going concern on a slump sale basis to Mankind Consumer Products (MCPPL), a wholly owned subsidiary of the Company. The completion of slump sale of OTC Business Undertaking to MCPPL is subject to pre-conditions, closing actions and other terms and conditions as specified in the BTA.
Powered by Capital Market – Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
Discover LocalTak, your trusted platform for timely news updates and comprehensive media insights. Stay informed with accurate reporting, insightful analysis, and in-depth coverage across a wide range of topics. Join us to stay ahead in an ever-changing world.