Corporate News     19-Mar-15
Bal Pharma enters into investment agreement with Bennett Coleman & Co
Bennett, Coleman & Co to subscribe to debentures of Lifezen Healthcare
Bal Pharma announced that the Company, in the capacity of promoter of Lifezen Healthcare which is incorporated with proposed objects of carrying on the business of manufacturing, marketing, distributing, selling and trading of pharma products, has entered into an Investment agreement with Bennett Coleman & Co.

Bennett, Coleman & Co has envisaged its interest in investing in fully convertible debentures of Lifezen Healthcare to the extent of Rs. 20 crore and the Company is the cosignatory to the said convertible debenture subscription agreement, as the promoter of Lifezen Healthcare.

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