Morepen Laboratories Limited — Important, 22-07-2025: General Updates

Morepen Laboratories has strategically expanded its global footprint by incorporating MOREPEN MEDICAL EQUIPMENT TRADING L.L.C. in Dubai, UAE. This new step-down subsidiary, indirectly 60% owned through Morepen Medipath Limited, is poised to bolster the sales and marketing of medical devices across international markets. This development signifies the company's move to capitalize on global opportunities within the medical equipment sector, with an authorized capital of AED 100,000 for the new entity. This move can enhance future revenue streams from abroad.