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VERIFIEDET Finance·neutral
Sun Pharma incorporates global treasury arm at IFSC, GIFT City
AI Summary
- ·Sun Pharmaceutical Industries Ltd announced the establishment of its new subsidiary, Sun Pharma Global Treasury Centre IFSC Ltd, on September 8, 2026.
- ·The subsidiary is located in Gujarat's GIFT City, Gandhinagar, and has seen an investment of around Rs 9.50 crore.
- ·The company is awaiting necessary approvals from the International Financial Services Centres Authority to commence operations.