Proposal of Alkem Laboratories, Hanon System of South Korea, BF Elbit Advanced Systems and Eucare Pharmaceuticals were approved by the board.

Sources said the proposal of Alkem Laboratories was approved under the automatic route. Besides, proposals of Hanon System of South Korea, BF Elbit Advanced Systems and Eucare Pharmaceuticals were also approved by the board. However, the board rejected the proposal of Reliance Globalcom Ltd.
Source-PTI