Business Update15 Sept 2025, 05:34 pm
Glenmark Pharmaceuticals to Transfer Consumer Care Business to Subsidiary Glenmark Consumer Care
AI Summary
Glenmark Pharmaceuticals Ltd. has executed a Business Transfer Agreement for the transfer of its Consumer Care Business to its wholly owned subsidiary, Glenmark Consumer Care Limited. The transaction is expected to be completed by December 31, 2025, subject to customary conditions.
Key Highlights
- Glenmark Pharmaceuticals to transfer its Consumer Care Business to Glenmark Consumer Care Limited
- The transaction is expected to be completed by December 31, 2025
- Glenmark Consumer Care Limited is a wholly owned subsidiary of Glenmark Pharmaceuticals