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Board of Glenmark Pharmaceuticals approves sale of gynaecology business in India and Nepal

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Capital Market

At meeting held on 21 January 2020

The Board of Glenmark Pharmaceuticals at its meeting held on 21 January 2020 has approved the sale of gynaecology business in India and Nepal for a cash consideration of Rs 115 crore to Bangalore based Integrace, the portfolio company of PE firm, Ture North. The transaction is expected close on or before 31 March 2020.

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First Published: Jan 22 2020 | 10:03 AM IST

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