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Gland Pharma Gets Nod To Float IPO
03 Nov 2020, 04:27 PM IST 
The China-based Fosun Pharma holds majority stake of 74 per cent stake in Gland Pharma
Gland Pharma has received approval from the capital markets regulator, Securities and Exchange Board of India (Sebi) to launch its initial public offering (IPO). The Hyderabad-based Gland Pharma will be the first big Indian company, with Chinese parentage, to go public in the country. The IPO is likely to hit the markets soon.
