AI assistant
Morepen Laboratories Ltd. — Capital/Financing Update 2021
Sep 7, 2021
59389_rns_2021-09-07_1c560850-ae0d-4241-9e62-63f53eb451b8.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
==> picture [92 x 841] intentionally omitted <==
==> picture [48 x 74] intentionally omitted <==
==> picture [159 x 38] intentionally omitted <==
Date: 07/09/2021
To,
National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, Bandra Kurla Complex, Phiroze Jeejeebhoy Towers, Bandra (East), Mumbai- 400 051 Dalal Street, Mumbai- 400 001 Symbol: MOREPENLAB Scrip Code: 500288
Subject: Intimation of incorporation of Wholly Owned Subsidiary – Morepen Devices Limited
Dear Sir/Madam,
Pursuant to the provisions of Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended , (‘Listing Regulations’), we would like to inform that Morepen Laboratories Limited (‘the Company’) has incorporated a Wholly Owned Subsidiary in the name of ‘Morepen Devices Limited’ ( CIN U33112HP2021PLC008798), on 6[th] September, 2021.
The details as required under Listing Regulations read with SEBI circular no. CIR/CFD/CMD/4/2015 dated September 09, 2015 are given in ‘ Annexure’ to this letter.
Kindly take note of aforesaid into your records.
Thanking you,
Yours faithfully,
For Morepen Laboratories Limited
==> picture [64 x 64] intentionally omitted <==
Vipul Kumar Srivastava Company Secretary
Encl.: as stated above.
Morepen Laboratories Limited
Corp. Off.: 4[th] Floor, Antriksh Bhawan, 22 K.G. Marg, New Delhi- 110 001, INDIA Tel.: +91-11-23324443, 23712025, E-mail: [email protected], Website: ww.morepen.com CIN NO. L24231 HP1984PLC006028
Plant & Regd. Off.: Morepen Village, Malkumajra, Nalagarh Road, Baddi, Distt. Solan (H.P.) -173205 Tel.: +91-1795-266401-03, 244590, Fax: +91-1795-244591, E-mail: [email protected]
ANNEXURE
==> picture [92 x 841] intentionally omitted <==
==> picture [48 x 74] intentionally omitted <==
==> picture [159 x 38] intentionally omitted <==
| ANNEXURE | ANNEXURE | ANNEXURE |
|---|---|---|
| S. No. Particulars Details |
||
| 1. Name of the target entity, details in brief such as size, turnover etc., Morepen Devices Limited, a Wholly Owned Subsidiary of Morepen Laboratories Limited, having an authorised share capital of Rs. 1,00,00,000/- (Rupees One Crore Only) divided into 10,00,000 (Ten Lakh) Equity Shares of Rs. 10/- (Rupees Ten Only) each. Size, Net Worth & Turnover - Not applicable. |
||
| 2. Whether the acquisition would fall within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”; Not applicable, the company is a Wholly Owned Subsidiary of Morepen Laboratories Limited. |
||
| 3. Industry to which the entity being acquired belongs; Point of care, medical and diagnostic devices. |
||
| 4. | Objects and effects of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity); |
1. To carry on the business of marketing, manufacturing, buying, selling, supplying, importing, exporting, distributing, formulate, process, develop, refine, wholesale, retail, online trade, processing, packing, re-packing, trading including to act as mercantile agents, clearing and forwarding agents, brokers, consignors, consignees, conversion agents, distributors, stockiest or processors, service providers, dealers, of all kinds of medical, diagnostic, healthcare equipment/ instruments, point of care devices, hospital equipment, nursing equipment, accessories, healthcare |
==> picture [63 x 64] intentionally omitted <==
Morepen Laboratories Limited
Corp. Off.: 4[th] Floor, Antriksh Bhawan, 22 K.G. Marg, New Delhi- 110 001, INDIA Tel.: +91-11-23324443, 23712025, E-mail: [email protected], Website: ww.morepen.com CIN NO. L24231 HP1984PLC006028
Plant & Regd. Off.: Morepen Village, Malkumajra, Nalagarh Road, Baddi, Distt. Solan (H.P.) -173205 Tel.: +91-1795-266401-03, 244590, Fax: +91-1795-244591, E-mail: [email protected]
==> picture [92 x 841] intentionally omitted <==
==> picture [48 x 74] intentionally omitted <==
==> picture [159 x 38] intentionally omitted <==
| products/instruments, | |
|---|---|
| electric/electronic health |
|
| devices/instruments and its |
|
| components, rehabilitation |
|
| products, pain management |
|
| devices, fitness and weight |
|
| management devices, massagers, | |
| mother and child care devices, | |
| infant care devices, diagnostic | |
| devices, laboratory instruments |
|
| pharmaceuticals, drugs, medical, | |
| bio-medicals, surgical, chemical, | |
| laboratory, diagnostic, analytical, | |
| scientific and precision equipment, | |
| electricals, mechanical, electro |
|
| mechanical and laser instruments, | |
| machineries, plants, devices, |
|
| components, tools, fixtures, jigs and | |
| all accessories and re-agents thereof | |
| used in pharmaceutical, surgical | |
| systems medical or diagnostic | |
| equipment including plant & |
|
| machinery, engineering products, | |
| electrical and electronic products, | |
| audio, video and other |
|
| entertainment products, |
|
| components and accessories, |
|
| machines and mechanical items and | |
| their related components and |
|
| accessories, reagents, enzymes, |
|
| proteins buffers and other biological | |
| molecules and chemicals, bio- | |
| similar products, antibodies, |
|
| vaccines, test kits and other related | |
| goods and accessories, items or | |
| things indigenous to or obtainable | |
| within India or any other country of | |
| the world. | |
| 2. | To carry on the business of |
| healthcare services or diagnostics | |
| testingservices under its own brand |
==> picture [63 x 64] intentionally omitted <==
Morepen Laboratories Limited
Corp. Off.: 4[th] Floor, Antriksh Bhawan, 22 K.G. Marg, New Delhi- 110 001, INDIA Tel.: +91-11-23324443, 23712025, E-mail: [email protected], Website: ww.morepen.com CIN NO. L24231 HP1984PLC006028
Plant & Regd. Off.: Morepen Village, Malkumajra, Nalagarh Road, Baddi, Distt. Solan (H.P.) -173205 Tel.: +91-1795-266401-03, 244590, Fax: +91-1795-244591, E-mail: [email protected]
==> picture [92 x 841] intentionally omitted <==
==> picture [48 x 74] intentionally omitted <==
==> picture [159 x 38] intentionally omitted <==
| name or otherwise, on its own or in |
|---|
| partnership with third party online |
| aggregators, establishments, |
| outlets, centres, stores, websites, |
| mobile applications, software, |
| online and digital platforms, to |
| operate consulting chambers, |
| maternity homes, child welfare and |
| family planning centres, |
| vaccination centres, health and |
| fitness centres, dialysis centres, |
| paramedic care, chronic care |
| programs under allopathic, |
| ayurveda, homeopathy, |
| naturopathy, unani medicine stream |
| or any other investigations or tests, |
| bioimaging centers, wellness |
| centers, health clubs, nursing homes |
| and to open, run, operate, manage, |
| lease, brand or franchise diagnostic |
| testing (including but not limited to |
| clinical, anatomic pathology, gene |
| based molecular genetics, |
| inheritable diseases, oncologic and |
| hematologic disorder, |
| cardiovascular disease, endocrine |
| system disorder, infectious |
| diseases), imaging, information and |
| other services leading to insight that |
| enable physicians and other |
| healthcare professional make |
| decisions to improve patient’s |
| health, make diagnostics, prescribe |
| therapies and monitor result; and to |
| conduct research based activities |
| including hormone research as well |
| as basics research for development |
| of molecules and formulation |
| development providing central |
| laboratory and diagnostic testing |
| services for clinical trials on drugs |
| to assess their safetyand efficacy, |
==> picture [63 x 64] intentionally omitted <==
Morepen Laboratories Limited
Corp. Off.: 4[th] Floor, Antriksh Bhawan, 22 K.G. Marg, New Delhi- 110 001, INDIA Tel.: +91-11-23324443, 23712025, E-mail: [email protected], Website: ww.morepen.com CIN NO. L24231 HP1984PLC006028
Plant & Regd. Off.: Morepen Village, Malkumajra, Nalagarh Road, Baddi, Distt. Solan (H.P.) -173205 Tel.: +91-1795-266401-03, 244590, Fax: +91-1795-244591, E-mail: [email protected]
==> picture [92 x 841] intentionally omitted <==
==> picture [48 x 74] intentionally omitted <==
==> picture [159 x 38] intentionally omitted <==
==> picture [455 x 616] intentionally omitted <==
----- Start of picture text -----
and in this regard to project manage
clinical trials including manage
data, act as a client response centre,
coordinate with investigator and
monitors and to carry out other
testing including paediatric testing,
pharmacogenomics, custom
research and development,
scientific consultation, data
management, specimen storage,
DNA extraction services radiology
labs, imaging centres, health
centres, wellness centres, dialysis
centres, care centres, testing labs,
health centres, fitness centres and,
or any related or collateral activity
related to the running and operation
of patient testing, diagnostics and
wellness.
5. Brief details of any governmental or regulatory Not applicable
approvals required for the acquisition;
6. Indicative time period for completion of the Not applicable
acquisition;
7. Nature of consideration - whether cash Cash
consideration or share swap and details of the
same;
8. Cost of acquisition or the price at which the Morepen Laboratories Limited has
shares are acquired; subscribed 1,00,000 (One Lakh)
Equity Shares of Morepen Devices
Limited at the face value of Rs. 10/-
(Rupees Ten Only) each, at par,
aggregating to Rs. 10,00,000/- (Rupees
Ten Lakh Only).
9. Percentage of shareholding / control acquired 100%
and / or number of shares acquired;
10. brief background about the entity acquired in Not applicable
terms of products/line of business acquired,
----- End of picture text -----
==> picture [63 x 64] intentionally omitted <==
Morepen Laboratories Limited
Corp. Off.: 4[th] Floor, Antriksh Bhawan, 22 K.G. Marg, New Delhi- 110 001, INDIA Tel.: +91-11-23324443, 23712025, E-mail: [email protected], Website: ww.morepen.com CIN NO. L24231 HP1984PLC006028
Plant & Regd. Off.: Morepen Village, Malkumajra, Nalagarh Road, Baddi, Distt. Solan (H.P.) -173205 Tel.: +91-1795-266401-03, 244590, Fax: +91-1795-244591, E-mail: [email protected]
==> picture [92 x 841] intentionally omitted <==
==> picture [48 x 74] intentionally omitted <==
==> picture [159 x 38] intentionally omitted <==
date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief);
==> picture [74 x 47] intentionally omitted <==
==> picture [64 x 64] intentionally omitted <==
Morepen Laboratories Limited
Corp. Off.: 4[th] Floor, Antriksh Bhawan, 22 K.G. Marg, New Delhi- 110 001, INDIA Tel.: +91-11-23324443, 23712025, E-mail: [email protected], Website: ww.morepen.com CIN NO. L24231 HP1984PLC006028
Plant & Regd. Off.: Morepen Village, Malkumajra, Nalagarh Road, Baddi, Distt. Solan (H.P.) -173205 Tel.: +91-1795-266401-03, 244590, Fax: +91-1795-244591, E-mail: [email protected]