Go Digit General Insurance invests Rs 30 crore in Dr Reddy’s Laboratories

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Go Digit General Insurance has acquired a small stake in pharmaceuticals major Dr Reddy’s Laboratories through a cash infusion of Rs 30.06 crore, the insurance company said in a stock exchange filing today.

Go Digit, which offers general insurance products to consumers, will get a 0.32% stake in the company in lieu of the investment.

Incorporated back in 1984, Dr Reddy’s Laboratories Ltd is a pharmaceutical company offering a portfolio of products and services, including Active Pharmaceutical Ingredients (APIs), Custom Pharmaceutical Services (CPS),…



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Go Digit General Insurance invests Rs 30 crore in Dr Reddy’s Laboratories


Go Digit General Insurance has acquired a small stake in pharmaceuticals major Dr Reddy’s Laboratories through a cash infusion of Rs 30.06 crore, the insurance company said in a stock exchange filing today.

Go Digit, which offers general insurance products to consumers, will get a 0.32% stake in the company in lieu of the investment.

Incorporated back in 1984, Dr Reddy’s Laboratories Ltd is a pharmaceutical company offering a portfolio of products and services, including Active Pharmaceutical Ingredients (APIs), Custom Pharmaceutical Services (CPS),…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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