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Vaccines are becoming crucial to protecting humans against deadly viruses that are in circulation and viruses that could evolve and infect humans and cause disease outbreaks. The COVID-19 pandemic has accelerated processes which have been a boost to the industry as a whole. The world is more ready than it was in 2020 to take on virus outbreaks.
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Ajay Piramal, chairperson of PEL said the company is on track to achieve the completion of demerger and separate listing of PPL by the third quarter of the current financial year. Subsequently, in connection with the composite scheme of arrangement, the company has obtained consent from RBI, SEBI, stock exchanges, and clearances from its creditors and equity shareholders.
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