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Jubilant Board Approves Amalgamation and Demerger

7:33 AM MDT | July 8, 2010 | Natasha Alperowicz

Jubilant Organosys (Noida, India), an integrated pharmaceutical industry player and the largest custom research and manufacturing services company in India, today announced that the board has approved a scheme of amalgamation and demerger of its businesses, first announced in January this year. The amalgamation involves the merger of Specialty Molecules Ltd. (SML), a wholly owned subsidiary of Jubilant Organosys and Pace Marketing Specialities Ltd. (PMSL), an exclusive contract manufacturer for adhesives of the consumer products division of Jubilant...

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