Granules India Incorporates Wholly Owned Subsidiary in Brazil

Granules India Ltd has announced the incorporation of its wholly owned foreign subsidiary, TRITON FARMACEUTICA DO BRASIL LTDA, in Brazil. This new entity is established to manufacture, promote, sell, and distribute pharmaceuticals and related products within Brazil. The incorporation is a strategic move to expand its global presence and market reach. The company has obtained prior approval from the Reserve Bank of India (RBI) under the automatic route for this incorporation. TRITON FARMACEUTICA DO BRASIL LTDA is a newly incorporated company and has not yet commenced business operations.