Dr Reddy’s Laboratories (RDY) has released an update.
Dr. Reddy’s Laboratories has announced the dissolution of its step-down wholly owned subsidiary, Chirotech Technology Limited, UK, effective September 18, 2024. The subsidiary was not a material part of the company, having ceased all business activities prior to the dissolution. This change is reported to have no significant impact on the company’s overall financial health.
For further insights into RDY stock, check out TipRanks’ Stock Analysis page.