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Mankind Pharma to sell OTC business on a slump sale basis in yet-to-be subsidiary

Mankind s new subsidiary will have an initial paid-up capital of Rs 5 crore with a further investment of up to Rs 250 crore in one or more tranches, the press statement added. ....

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Mankind Pharma Approves Slump Sale of OTC Business to Wholly-Owned Subsidiary

The OTC business generated revenue of ₹704 Crore for the financial year 2023, accounting for 8.7% of Mankind Pharma's total annual revenue of ₹8,127 Crore. ....

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