
Divestment1 Jun 2026, 05:42 pm
Strides Pharma: Arco Lab Demerger Effective Date is June 1, 2026
AI Summary
Strides Pharma Science Ltd announced that the scheme of demerger involving Arco Lab Private Limited and Pivot Path Private Limited has become effective from June 1, 2026. This follows the NCLT approval granted on May 20, 2026, and the receipt of the certified copy of the NCLT Order on May 25, 2026. The scheme became effective after filing the certified true copy of the order with the Registrar of Companies by Arco Lab and Pivot Path.
Key Highlights
- Strides Pharma's Arco Lab demerger to Pivot Path is effective June 1, 2026.
- NCLT approved the demerger scheme on May 20, 2026.
- Certified NCLT order copy received on May 25, 2026.
- Scheme effective after filing with Registrar of Companies by Arco Lab and Pivot Path.
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