Ipca Laboratories to incorporate non-profit company 'Ipca Foundation'; Stock gains

The main objective of incorporation is to carry out corporate social responsibility related and other charitable and support activities.

Jul 16, 2021 02:07 IST India Infoline News Service

Ipca Laboratories has informed to the exchange that it has incorporated a non-profit Section 8 Company limited by guarantee of not exceeding the sum of Rs10 lakhs by the name "IPCA Foundation".

The main objective of incorporation is to carry out corporate social responsibility related and other charitable and support activities.

At around 2:10 PM, Ipca Laboratories was trading at Rs2,102.50 apiece up by Rs6.3 or 0.3% from its previous closing of Rs2,096.20 apiece on the BSE.

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