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Outcome of board of SMS Lifesciences India

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Capital Market 

Held on 08 February 2018

The Board of SMS Lifesciences India at meeting held on 08 February 2018 has agreed inprinciple for the acquisition of Mahi Drug, subject to conducting due-diligence.

Further, the Board has deliberated and deferred the issue of Non Convertible Preference shares or Non Convertible Debentures on preferential basis to the promoter or promoter group.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Thu, February 08 2018. 21:44 IST