Alembic Pharmaceuticals Ltd

🌏 Alembic Pharma Expands into Philippines with New Subsidiary

• Incorporated new subsidiary: Alembic Lifesciences Philippines Inc.

• Share capital: 12,000,000 Philippine Pesos (1,200,000 shares at ₱10 each)

• Alembic Pharmaceuticals holds 99.99% ownership

• Purpose: Explore business opportunities for promoting, selling, and distributing pharmaceutical products in the Philippines

• Operations have not yet commenced - no current turnover