Moneycontrol PRO
HomeNewsBusinessAnnouncementsWanbury approves restructuring, transfers' formulation biz to subsidiary

Wanbury approves restructuring, transfers' formulation biz to subsidiary

Wanbury at its meeting held on February 07, 2013, has approved restructuring of business by way of transferring the Formulation businesses to a subsidiary of the Company subject to the approval of the Bankers of the Company and other regulatory authorities.

February 08, 2013 / 10:42 IST

Wanbury Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 07, 2013, has approved restructuring of business by way of transferring the Formulation businesses to a subsidiary of the Company subject to the approval of the Bankers of the Company and other regulatory authorities.Source : BSE

Read all announcements in Wanbury

first published: Feb 8, 2013 10:42 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347