first real merger in india where promoters of both the companies will be promoters of merged company and also both will be classified as promoters in all legal documents including shareholding pattern though Strides is three times bigger as compabnred t oShasun
On 29th September, 2014 Board of
Directors of Strides Arcolab Limited (‘Strides’) and Shasun Pharmaceuticals
Limited (‘Shasun’) announced that both companies have approved Scheme of
Amalgamation between the two companies
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