JHS Svendgaard Laboratories settles disputes with Procter & Gamble

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Settlement clears contingent liabilities aggregating Rs 206.15 crore
JHS Svendgaard Laboratories announced that the on-going disputes at various courts between the company and various group companies of Procter & Gamble Inc. in India, have been settled with mutual consent and concluded positive for JHS. The settlement clears contingent liabilities to the tune of Rs 206.15 crore, from the balance sheet of JHS.Powered by Capital Market - Live News
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First Published: Apr 24 2017 | 10:38 AM IST