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AUROBINDO PHARMA LTD. - Disposal Of Business Assets Of Natrol LLC, A Wholly Owned Step-Down Subsidiary In USA.
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26 Oct 2020
In accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirement) Regulation, 2015, we hereby inform you that Natrol LLC, USA, a wholly owned step-down subsidiary of the Company, has entered into a definite agreement with New Mountain Capital LLC, NY and its affiliate Jarrow Formulas Inc., to dispose of its business assets as a going concern with related assets, liabilities, products, brands and employees.&lt;BR&gt; &lt;BR&gt; The disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Part A of Schedule III of the aforesaid regulations, is enclosed as &apos;Annexure I&apos;.&lt;BR&gt; &lt;BR&gt; Also attached a copy of press release as &apos;Annexure II&apos;.&lt;BR&gt;
View all announcements for AUROBINDO PHARMA LTD. Source: BSE India

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