IOL Chemicals & Pharmaceuticals Ltd

IOL Chemicals & Pharmaceuticals Strikes Off Inactive Subsidiary 📋

- IOL Chemicals and Pharmaceuticals Limited has approved the striking off of its wholly owned subsidiary, IOL Life Sciences Limited.

- The subsidiary had no revenue from operations as of March 31, 2025.

- The subsidiary's net worth was Rs. 638,838, contributing 0% to the company's overall financials.

- The strike-off is not expected to have any material impact on the company's financials or operations.

- The transaction does not involve a sale, disposal, or related party transaction, and no consideration was received.