April 24, 2018 / 10:02 AM / 3 months ago

BRIEF-Strides Shasun To Divest Holding In Remaining API Asset At Ambernath

April 24 (Reuters) - Strides Shasun Ltd:

* SAYS TO DIVEST ITS HOLDING IN REMAINING API ASSET AT AMBERNATH TO SOLARA ACTIVE PHARMA SCIENCES LIMITED

* WILL DIVEST 100 PERCENT OF ISSUED CAPITAL IN STRIDES CHEMICALS TO SOLARA FOR CASH CONSIDERATION OF 1,310 MILLION RUPEES

* SAYS CO EXPECTS TRANSACTION TO BE COMPLETED BY Q2 FY 2019 Source text - bit.ly/2HpIT5n Further company coverage:

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