Morepen Laboratories Limited — Important, 25-07-2025: General Updates

Morepen Laboratories' subsidiary, Morepen Medipath Limited, is establishing a new step-down subsidiary, SIGMACHECK HEALTH PRIVATE LIMITED. This new entity will focus on the medical devices sector to cater to increasing market demands. Morepen Medipath will invest Rs. 0.01 Cr for 10,000 shares, giving Morepen Laboratories an indirect 60% equity stake. This strategic move strengthens the company's presence in the growing medical devices industry.