News about Morepen Laboratories Limited

September 3rd, 2007

The media had reports that US based Avenue Capital may pick up 15% stake in Morepen Laboratories Ltd.

The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company.

Reply is awaited from Morepen Laboratories Ltd.

Entry Filed under: Equities, NSE, Pharmaceuticals

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