Monday, 12 December 2011

Shares of Emami Ltd slipped over 15%

Shares of Emami Ltd slipped over 15% in early trade on Monday after the fire incident in AMRI killing atleast 84 persons.

AMRI Hospitals is jointly promoted by Emami which owns 66% and Shrachi venture which holds 32%,

However, N H Bhansali, CEO, Emami Group clarified, "There is no relation between the company and the hospital and there is no financial impact on the company."

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