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Ind-Swift Laboratories Ltd. ( (IN:INDSWFTLAB) ) just unveiled an update.
Ind-Swift Laboratories Ltd. has announced the allotment of over 8.1 million equity shares as part of a Scheme of Arrangement for the amalgamation with Ind-Swift Limited. This strategic move is expected to streamline operations and enhance market positioning by consolidating resources and expanding shareholder value. The newly allotted shares will be listed on stock exchanges once necessary permissions are obtained, indicating a significant step in the company’s growth trajectory.
More about Ind-Swift Laboratories Ltd.
Ind-Swift Laboratories Ltd. operates in the pharmaceutical industry, focusing on the development and manufacturing of active pharmaceutical ingredients and finished dosage forms. The company is known for its commitment to quality and innovation, catering to both domestic and international markets.
Average Trading Volume: 29,482
Technical Sentiment Signal: Buy
Current Market Cap: 5.96B INR
Learn more about INDSWFTLAB stock on TipRanks’ Stock Analysis page.