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Piramal Healthcare to shut down unit in UK

Piramal Healthcare to shut down unit in UK
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First Published: Wed, Apr 01 2009. 06 07 PM IST
Updated: Wed, Apr 01 2009. 06 07 PM IST
Mumbai: Piramal Healthcare Ltd plans to shut its manufacturing unit in Huddersfield in the United Kingdom, a senior company official said on a conference call on Wednesday.
The plant had revenue of £19 million in the fiscal FY09, R. Ananthanarayanan, director, Pharma Solutions said.
The company would record Rs710 mln as a one time charge in the January-March quarter due to the shutdown, chairman Ajay Piramal added.
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First Published: Wed, Apr 01 2009. 06 07 PM IST