Mankind Pharma gets NCLT nod for amalgamation of Shree Jee Lab, JPR Labs, Jaspack
1 month ago

Mankind Pharma gets NCLT nod for amalgamation of Shree Jee Lab, JPR Labs, Jaspack

Live Mint  

The National Company Law Tribunal, New Delhi, has approved the Scheme of Arrangement for the amalgamation of Shree Jee Laboratory, JPR Labs, and Jaspack Industries with Mankind Pharma, according to the company's filing on Thursday. "In continuation of our earlier intimation dated April 10, 2024, we hereby inform you that the Hon’ble National Company Law Tribunal, New Delhi Bench, has approved the Scheme of Arrangement for the amalgamation of Shree Jee Laboratory Private Limited, JPR Labs Private Limited, and Jaspack Industries Private Limited with Mankind Pharma Limited, along with their respective shareholders and creditors, under Sections 230 and 232 of the Companies Act, 2013, read with the rules framed thereunder. Once the certified copy of the order is filed, the transferor companies shall stand dissolved without winding up," the company added. Mankind Pharma specializes in the development and manufacturing of pharmaceutical formulations across a range of acute and chronic therapeutic areas, and it boasts a portfolio of several well-known consumer healthcare brands.

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