Wyeth seeks shareholder approval for sale of Forhan''s

Mumbai: Wyeth Ltd informed the BSE yesterday that it would seek shareholders'' approval for the disposal of its Forhan''s brand, business and related assets for an estimated Rs 3.6 crore.

The company is seeking approval of shareholders, by way of postal ballot, for the sale, transfer, assignment or disposal of its Forhan''s brand and business and all assets pertaining to Forhan''s business, the company said. The results of the postal ballot process will be announced on April 15, it added.