Wyeth board approves Rs 5.5 cr provisions for doubtful debts

Wyeth at its meeting held on February 08, 2013, made a provision for doubtful debts of Rs 550 lakhs (previous period nil) in respect of fraud committed against the Company.

February 08, 2013 / 15:44 IST

Wyeth Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 08, 2013, inter alia, made a provision for doubtful debts of Rs. 550 lakhs (previous period nil) in respect of fraud committed against the Company.Source : BSE

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first published: Feb 8, 2013 03:44 pm

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Wyeth board approves Rs 5.5 cr provisions for doubtful debts

Wyeth at its meeting held on February 08, 2013, made a provision for doubtful debts of Rs 550 lakhs (previous period nil) in respect of fraud committed against the Company.

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