Inwinex Pharmaceuticals' board approves scheme of arrangement

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Updated: 06/11/2009 | 12:00 AM IST

Manufacturing

Capital Market

Friday, November 06, 2009 (New Delhi)

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On 31 October 2009

The board of Inwinex Pharmaceuticals has approved the order received from the Hon'ble High Court of Andhra Pradesh approving the scheme of arrangement.

The board has authorized the managing director and the executive director for the purpose of implementation of the scheme of arrangement for the reconstruction of the capital structure of the company as approved by the Hon'ble High Court of Andhra Pradesh.

This was approved at the board meeting held on 31 October 2009.