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Laurus Labs Limited — Updates, 24-02-2026: General Updates
24-02-2026 | 08:37 pm
24-02-2026 | 08:37 pm
Laurus Labs' NCLT order allows its scheme for subsidiary demerger and amalgamation. Crucially, existing shareholders' equity is unaffected as no new shares will be issued. Unsecured creditor meetings for subsidiaries (LSPL, Sriam Labs) are directed for April 6. This aims to simplify structure and boost financial strength.
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