Mankind Pharma Ltd
Mankind Pharma Completes Transfer of Over the Counter Business to Wholly Owned Subsidiary
Sep 30 2024 | 8 months agoMankind Pharma Ltd has completed the transfer of its Over the Counter (OTC) Business Undertaking to Mankind Consumer Products Private Limited (MCPPL), a wholly owned subsidiary. The transfer was carried out as a going concern on a slump sale basis. This move is in compliance with the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Company had previously communicated about this transfer on April 2, 2024 and September 3, 2024.
- Mankind Pharma has completed the transfer of its OTC Business Undertaking to its wholly owned subsidiary, Mankind Consumer Products Private Limited.
- The transfer was carried out as a going concern on a slump sale basis.
- This move is in compliance with the SEBI regulations for disclosure requirements.
- The Company had previously communicated about this transfer on two occasions in 2024.
- Mankind Consumer Products Private Limited is a wholly owned subsidiary of Mankind Pharma Ltd.