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Cadila Healthcare, German Remedies to amalgamate
January 29, 2003 14:01 IST
Cadila Healthcare Ltd board approved amalgamation of German Remedies Ltd, Recon Healthcare Ltd, Zydus Pathline Ltd & Zoom Properties Ltd with the company. The boards of Cadila Health Care and German Remedies approved a share-exchange ratio of 7:4. Seven shares of the face value of Rs 5 each in Cadila Healthcare Ltd will be issued in exchange of every four equity shares of the face value of Rs 10 each in German Remedies Ltd. BSE Codes: 532321, 500156
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