Navigation Links
Zenotech Issues 20 Lakh Shares to Ranbaxy for Rs 20 Cr

Zenotech Laboratories Ltd today said it will issue 20 lakh equity shares to Ranbaxy Laboratories on a preferential basis for Rs 20 crore. //

The board of directors has approved the issue of 20 lakh equity shares of Rs 10 at a price of Rs 100 on a preferential basis to Ranbaxy, subject to shareholders' approval, the company informed the Bombay Stock Exchange.

The board also approved the allotment of shares over 1.11 crore equity shares to the erstwhile shareholders of Credence Pharmaceuticals (50.07 lakh shares) and Hemarus Healthcare (61. 20 lakh equity shares) pursuant to the Scheme of amalgamation entered between Credence and Hemarus Healthcare with the company, it said.

The scheme had been approved by the High Court of Andhra Pradesh at Hyderabad in its order dated May 02, 2006, it added.

The Extra Ordinary General Meeting will be held on August 10 to seek the shareholder's approval for the above proposal.

Zenotech's shares closed at Rs 72, up 1.69 per cent at the BSE.

Source:PTI News
'"/>




Page: 1

Related medicine news :

1. Ranbaxy Signs Agreement With Zenotech For Cancer Drugs
2. Unsatisfactory Grade On Womens Health Issues
3. Who Board To Discuss Asian Tsunami Related Health Issues
4. WHO Issues Caution Against Bird Flu Epidemic
5. FDA Issues Public Health Advisory on Tysabri, a New Drug for MS
6. Sepsis Death Reported With Mifepristone – FDA Issues Warnin
7. High Court Issues Notice To Centre On Smoking Ban In Films
8. JRRD Focuses On Issues Such As Spinal Cord Injury and Prosthetics
9. China Issues New Legislation To Ban Human Organ Trade
10. Court Issues Order NACO On Gay Issue
11. NGOs and Various Groups Come Together To Address the Issues on AIDS
Post Your Comments:
*Name:
*Comment:
*Email:


(Date:5/3/2016)... ... ... Branches, Inc. is proud to have been selected as a Macy’s grant ... Miami. Macy’s is a wonderful community partner and has helped to support Branches’ student ... and academic support to elementary students 5 days a week. Summer Shade, a 7 ...
(Date:5/3/2016)... City, UT (PRWEB) , ... May 03, 2016 , ... ... Utah, recently announced that its Allegro Anti-aging Cream, a revolutionary new anti-aging skin ... signs of aging and repair damaged skin, has sold over seventy-five thousand units worldwide ...
(Date:5/3/2016)... , ... May 03, 2016 , ... Dave Newberry, broker/owner ... Interim Care Center (PICC) annual fundraiser luncheon on Friday, May 20. “We have ... the smallest victims of drug abuse,” said Newberry. , PICC is a local Kent, ...
(Date:5/2/2016)... ... 2016 , ... RNK Products, Inc. (RNK) is beta testing ... the stethoscope stream to go over the video conferencing audio channel. This ... , Remote auscultation involves two software elements on the PC: , 1)    Network transport ...
(Date:5/2/2016)... , ... May 02, 2016 , ... ProElectric Cartoon is ... Pro X. Pick and choose from a variety of electric styles including zap, sizzles, ... Users can customize shadow, dof blur, three dimensional rotation, and much more. ProElectric Cartoon’s ...
Breaking Medicine News(10 mins):
(Date:5/2/2016)... YORK , May 2, 2016 Kalorama ... EMR (Electronic Medical Records) market in a recent white ... sales, vendor switches, Increased physician usage, a growing market are ... were noted in Kalorama,s report EMR 2016: ... report marks Kalorama,s seventh complete study of the EMR ...
(Date:5/2/2016)...  Celsion Corporation (NASDAQ: CLSN ), an ... the first cohort of patients in its Phase ... combining GEN-1, the Company,s DNA-based immunotherapy, with the ... patients with advanced ovarian cancer who will undergo ... the first three patients dosed, GEN-1 plus standard ...
(Date:4/29/2016)... Jersey , April 29, 2016 ... Suite for Life Sciences, Product Development Capabilities in ... Life Science Customer Base . ... provider, today announced the acquisition of Skura Corporation,s ... global leader in adaptive sales enablement technology for ...
Breaking Medicine Technology: