Ipca Laboratories Limited increases stake in Nutricharge

Ipca Laboratories Limited has acquired further 6.53% of the paid-up equity share capital of M/s. Trophic Wellness Private Ltd. (TWPL), a company incorporated under the Companies Act, 1956 and engaged in the business of manufacturing and marketing several SKUs of Neutraceuticals under the brand name "Nutricharge". The Company's manufacturing facility is situated at Sikkim.

With the acquisition of these further 6.53% of the equity share capital of the said M/s. Trophic Wellness Pvt. Ltd., the Company now holds 58.88% of the paid-up equity share capital of said company.

Source : Equity Bulls

Keywords

IPCALaboratories StakeIncrease TrophicWellness Nutricharge Neutraceuticals