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JHS Svendgaard Laboratories settles disputes with Procter & Gamble

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Capital Market

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.

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First Published: Apr 24 2017 | 10:38 AM IST

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