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Series B preferred stock

Sun Pharma arm picks up 14.6% stake in US company for $13 million

Sun Pharma arm picks up 14.6% stake in US company for $13 million

Fri, Dec 23, 2016

"...One of the wholly-owned subsidiaries of the company has acquired 13,000,000 Series B preferred stock of scPharmaceuticals Inc (equivalent to 14.58% fully diluted equity stake on conversion) by way of allotment," Sun Pharmaceutical Industries said in a BSE filing.

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