The portfolio of products that is being acquired falls within the business line of the company and will enable the addition of established brands with high recall amongst healthcare professionals, especially in the Minerals, Vitamins, and supplements category.
Telecom stocks were trading in red, with the S&P BSE Telecom index decreasing 26.83 points or 1.4% at 1893.59 at 13:50 IST.
Auto stocks were trading with losses, with the S&P BSE Auto index falling 331.63 points or 1.24% at 26482.63 at 13:50 IST.
Basic materials stocks were trading in the negative zone, with the S&P BSE Basic Materials index falling 81.01 points or 1.35% at 5901.4 at 13:50 IST.
In a resignation letter, Pyush Gupta said, "Due to unavoidable circumstances, I hereby tender my Resignation from the Position of Whole Time Director including Directorship and all committee positions of Rollatainers with effect from January 18, 2022.
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