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Wyeth seeks nod to put Forhan's on the block

Our Bureau

Mumbai , March 10

WYETH Ltd informed the BSE on Wednesday that it would seek shareholders' approval for the disposal of its Forhan's brand, business and related assets for an estimated Rs 3.6 crore.

The company is seeking approval of shareholders, by way of postal ballot, for the sale, transfer, assignment or disposal of its Forhan's brand and business and all assets pertaining to Forhan's business, the company said.

The results of the postal ballot process will be announced on April 15, it added.

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