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| Exchange Disseminated Time 23/11/2016 12:46:06 | With reference to the earlier letter dated November 10, 2016, intimated about formation of wholly owned subsidiary for entering into new business segment i.e. pharmaceutical segment and said subsidiary will deal in manufacturing and marketing of Ayurvedic products including medicines.
In continuation to the above, JMD Telefilms Industries Ltd has now informed BSE that the Company has invested sum of Rs. 60.00 Lac into its Subsidiary Company namely JMD Medico Services Limited and has also launched around 30 products in the pharma segment till the time. The marketing of said products has also been started and will be available in market
under the brand “JMD”. |
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