Morepen carves out its Medical Devices right into a Subsidiary

Morepen carves out its Medical Devices right into a Subsidiary

by admin- Wednesday, September 29th, 2021 03:38:59 PM

Morepen Laboratories announced carving out its point of care (POC) Medical Devices business into a newly incorporated entirely owned subsidiary, Morepen Devices Limited. The shareholders have given their popularity of the same on September 28, 2021 inside the thirty sixth Annual General Meeting (AGM) of the Company. The transfer of the enterprise could occur as consistent with terms of the Business Transfer Agreement to be signed between each the organizations.

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