Bazaar Watch


Friday, September 25, 2009

Lupin - Updates

Lupin Ltd has informed BSE that Lupin Pharmacare Ltd. and Lupin Herbal Ltd., wholly-owned subsidiaries of Lupin Ltd., have filed Applications before the Mumbai High Court, to amalgamate themselves with Lupin Ltd. w.e.f. April 01, 2009 ("Appointed Date").

Further the Company has informed that, Novodigm Ltd., another wholly-owned subsidiary of Lupin Ltd., will shortly be filing an Application before the Ahmedabad High Court, to amalgamate itself with Lupin Ltd. w.e.f. April 01, 2009 ("Appointed Date").

The 'Effective Date' of amalgamation would be the date on which copies of the Orders passed by the Hon'ble High Courts of Mumbai and Ahmedabad sanctioning the Scheme of Amalgamation are filed with the Registrar of Companies, Maharashtra and Gujarat respectively.

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