SHASUN PHARMACEUTICALS LTD. - Updates on Joint Venture - Alivira Animal Health Limited

Shasun Pharmaceuticals Ltd has informed BSE that Ascent Capital Advisors India Private Limited, a private equity investor has taken a minority stake in Alivira Animal Health Limited.<br/><br/>Alivira Animal Health Limited is a joint venture between the Company and Sequent Scientific Limited engaged in developing, manufacturing and sale of veterinary products inclusive of both API (Active Pharmaceuticals Ingredients) and Formulations in the global market.