Granules India has announced the incorporation of Granules Pharmaceuticals Canada, Inc., as a wholly-owned step-down foreign subsidiary. This entity is a subsidiary of Granules Pharmaceuticals, Inc. and is located in Canada. As of November 26, 2025, the new subsidiary has not commenced business operations.
New Subsidiary in Canada
Granules Pharmaceuticals, Inc., a wholly-owned foreign subsidiary of Granules India, has incorporated a wholly-owned subsidiary (WOS) named Granules Pharmaceuticals Canada, Inc. The incorporation was finalized on November 26, 2025.
Subsidiary Details
Granules Pharmaceuticals Canada, Inc., is a wholly-owned subsidiary of “Granules Pharmaceuticals, Inc.” As a newly incorporated company, it has yet to commence its business operations.
Acquisition Details
Granules Pharmaceuticals, Inc. will hold 100% of the equity capital in Granules Pharmaceuticals Canada, Inc. The new Canadian entity is incorporated in Canada.
Source: BSE