M/s. Skymap Pharmaceuticals Private Ltd. Approved for IMPCL Disinvestment

The Ministry of Finance has approved M/s. Skymap Pharmaceuticals Private Ltd. as the strategic buyer for the disinvestment of Indian Medicines Pharmaceutical Corporation Limited (IMPCL), a Central Public Sector Enterprise under the Ministry of AYUSH. The disinvestment process, totaling Rs. 121 Crores, involved a competitive bidding mechanism and culminated in Skymap Pharmaceuticals emerging as the highest bidder.

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