This means that there will be further delay in issuance of the approval. The delay can be anywhere between 3-6 months. We could be looking at mid of next year to receive the approval. This means that once BAL sells its stock manufactured prior to January 2018, it cannot sell anymore to the Chinese market. This will lead to downward revision in sales and profit. At the moment things are not looking good.
This means that there will be further delay in issuance of the...
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