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Shareholders also approved 50 million fully convertible warrants a promoter group company Liquid Holdings at Rs 38 per warrant/ share aggregating up to Rs190 crores for cash to be converted into equity within 18 months.
The Board of Directors of Morepen Laboratories approved the investment proposed by Corinth Group, a global private investment group headquartered in Switzerland, to the extent of $32.50 million in the parent company, Morepen Laboratories ...