Suven Pharmaceuticals Ltd - Board Meeting Outcome for Outcome Of The Board Meeting
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| 14 Dec 2021 | |
| With reference to the above subject, In terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the company, at its meeting held today i.e. December 14, 2021 at 9:30 a.m., has taken on record the following:<BR> <BR> Suven Pharma Inc., USA, WOS of Suven Pharmaceuticals Limited (SPL) has divested its entire stake in Rising Pharma Holdings, Inc., USA on 13th December, 2021 to Raisin Aggregator, L.P. USA one of the investment arm of H.I.G. Capital ("H.I.G."), a leading global alternative investment firm with over $45 billion of equity capital under management. As part of the structured deal Suven Pharma Inc., USA received cash and 7% stake in Raisin Aggregator, L.P. USA, the new company. <BR> <BR> The details are as under: | |
| View all announcements for Suven Pharmaceuticals Ltd | Source: BSE India |
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