Hikal plans to take over its own pharma co
23 Mar 2009
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Mumbai-based chemicals contract researcher and API maker Hikal Ltd has announced that its board will meet next Wednesday to consider a proposal for merger of Hikal Pharmaceuticals Ltd, a wholly- owned subsidiary, with the parent company.
The company provides a broad spectrum of research & development and custom manufacturing solutions to the pharmaceuticals, biotechnology, agrochemicals and specialty chemicals industries.
Shares of Hikal spurted on receipt of the information.
