Jubilant Board Approves Amalgamation and Demerger

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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