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Sunways (India) Private Limited
3 articles
Indoco Remedies Sells Ophthalmic Division for ₹110 Crore
Indoco Remedies executed an agreement to sell its ophthalmic business to Sunways India for ₹110 crore on a slump sale basis.
The division contributed ₹47.79 crore (3.2%) to standalone revenue in FY25
Indoco Remedies Transfers Ophthalmic Division to Sunways
• Indoco Remedies Board approved transfer of its ophthalmic business to Sunways India via an Agreement to Transfer Business.
• The transaction covers the territories of India and select African market
Indoco Remedies Sells Ophthalmic Biz for ₹110 Crore
• Indoco Remedies Board approved slump sale of its ophthalmic division to Sunways India for ₹110 crore consideration.
• The division contributed ₹47.79 crore (3.2%) to standalone revenue in FY25 and o