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    INDSWFTLAB — IND Swift Laboratories News Story

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    Brief: Ind Swift Laboratories Approves Slump Sale Of API Business To Synthimed Labs

    Picture of IND Swift Laboratories logoIND Swift Laboratories
    06/09/2023 09:35
    Sept 6 (Reuters) - IND Swift Laboratories Ltd  ISLB.NS :
    * APPROVED INVESTMENT OF 800 MILLION RUPEES TO SYNTHIMED
LABS PVT
LTD
    * APPROVED IN-PRINCIPALLY, AMALGAMATION OF IND-SWIFT LTD
WITH CO
    * APPROVED SLUMP SALE OF API BUSINESS TO SYNTHIMED LABS FOR
16.50
BILLION RUPEES 

Source text for Eikon:  ID:nBSE2ChfL3 
Further company coverage:  ISLB.NS 

 ((Reuters.Briefs@thomsonreuters.com;;))

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