Subsidiary Company in United States
With reference to the earlier announcement about the outcome of the Board Meeting, including proposal for demerger of Irrungatukottai unit of the Company to Arvind Wellness Limited, Arvind Remedies Ltd has now informed BSE that since the Irrungatukottai unit of the Company will have USFDA registration, to take care of the US strategy of business and to develop the US market for the products, the Company has set up a subsidiary Company in the name of Arvind Remedies LLC. in New Jersey, US.