Remedium Lifecare Ltd

⚠️ Supha Pharmachem Enters Insolvency Process: Key Updates

- Corporate Insolvency Resolution Process (CIRP) commenced for Supha Pharmachem Limited on 17 March 2026

- Rajesh Jhunjhunwala appointed as Interim Resolution Professional (IRP) effective from 17 March 2026

- Board of Directors' powers suspended since CIRP commencement

- Suspended directors are not cooperating with IRP, failing to hand over control, records, and information

- Board meeting scheduled for 30 March 2026 to approve unaudited financial results for quarter and nine months ended 31 December 2025 was postponed

- Postponement due to non-cooperation and lack of financial information