Sun Pharma Incorporates Global Treasury Arm at IFSC in GIFT City
Sun Pharmaceutical Industries incorporated Sun Pharma Global Treasury Centre IFSC Ltd in GIFT City, Gujarat, as a wholly-owned indirect subsidiary. The entity was incorporated on September 8, 2026, and set up with 100% holding, including nominee shareholders. Initial equity subscription is about ₹9.50 crore in cash, with plans to obtain IFSC Authority registration and approvals for proposed activities.