Date: October 01, 2026
Subsidiary Incorporation Details
Granules India Limited has incorporated a wholly owned foreign subsidiary in Brazil named "TRITON FARMACEUTICA DO BRASIL LTDA".
Subsidiary Information
- Name: TRITON FARMACEUTICA DO BRASIL LTDA
- Location: Brazil
- Business Status: Newly incorporated company that has not started its business operations
- Industry: Pharmaceuticals
Business Objectives
The subsidiary will manufacture, promote, sale and distribute pharmaceuticals and other related product(s) in Brazil.
Regulatory Approvals
The incorporation required prior approval of the Reserve Bank of India (RBI) under the automatic route.
Related Party Status
Upon incorporation, TRITON FARMACEUTICA DO BRASIL LTDA became a related party to Granules India Limited. However, the Promoter & Promoter Group of the Company do not have any interest in the incorporated entity.
Financial Considerations
No cost of acquisition or price details are applicable as this is a new incorporation rather than an acquisition of an existing entity.