Morepen Laboratories Subsidiary Changes Name Following Free Zone Migration
Morepen Laboratories Limited has announced a name change for its wholly owned subsidiary following the migration of the entity from one free zone authority to another. The company's subsidiary transitioned from operating under the International Free Zone Authority (IFZA) to the Jebel Ali Free Zone (JAFZA).The subsidiary’s previous name was "Morepen Labs - FZCO." As a result of this shift, effective from July 20, 2026, the subsidiary's name has been updated to "Morepen Labs FZE."
This corporate update was confirmed after JAFZA issued a certificate of continuation and a trading licence related to the changes. Both documents were dated July 23, 2026.
MOREPENLAB Stock Price Movement
Shares of Morepen Laboratories Limited slipped by 1.43% today, closing at ₹52.45. The stock traded within an intraday range defined by a low of ₹52.10 and a high of ₹53.95, with over 6.35 million shares changing hands.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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