Proposal of M/s. Reckitt Benckiser Plc. UK to set up a new wholly owned Subsidiary investing company to make downstream investment in M/s. Paras Pharmaceuticals Limited by way of acquisition of 100 per cent equity approved

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Proposal of M/s. Reckitt Benckiser Plc. UK to set up a new wholly owned Subsidiary investing company to make downstream investment in M/s. Paras Pharmaceuticals Limited by way of acquisition of 100 pe .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... r cent equity approved - News and Press Release Dated:- 29-3-2011 - News - Press Information Bureau Government of India Ministry of Finance 29-March-2011 12:41 IST Proposal of .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... M/s. Reckitt Benckiser Plc. UK to set up a new wholly owned Subsidiary investing company to make downstream investment in M/s. Paras Pharmaceuticals Limited by way of acquisition of 100 per cent equit .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... y approved The Cabinet Committee on Economic Affairs today approved the proposal of M/s. Reckitt Benckiser Plc. UK to set up a new wholly owned Subsidiary investing company with a foreign equity of .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 100% subscribed by Ms. Reckitt Benckiser (Singapore) Pte. Limited, Singapore (entire equity except 10 shares) and M/s R C Nominees Limited (10 shares) to make downstream investment in M/s. Paras Phar .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... maceuticals Limited by way of acquisition of 100 per cent equity. The approval is expected to result in FDI amounting to Rs. 3300 crore approximately in the Wholly owned Subsidiary of M/s. Reckitt B .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... enckiser Plc. UK. **** SH/SK/SM - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X