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:10/13/2017)... , ... October 13, 2017 , ... The Visiting Nurse ... Market. Featuring a collection of specialty vendors and unique items from across the nation, ... quality-focused health and wellness services offered by the VNA. The boutique will be ...
(Date:10/13/2017)... Texas (PRWEB) , ... October 13, 2017 , ... Yisrayl ... this week that explains one of the most popular and least understood books in ... like cryptic and puzzling descriptions that have baffled scholars for centuries. Many have tossed ...
(Date:10/13/2017)... ... 2017 , ... “The Journey: From the Mountains to the Mission Field”: the ... in the Philippines. “The Journey: From the Mountains to the Mission Field” is the ... She has taught all ages and currently teaches a class of ladies at her ...
(Date:10/12/2017)... CA (PRWEB) , ... October 12, 2017 , ... ... Cheng, are now treating sleep apnea using cutting-edge Oventus O2Vent technology. ... a serious sleep disorder characterized by frequent cessation in breathing. Oral appliances can ...
(Date:10/12/2017)... Fla. (PRWEB) , ... October 12, 2017 , ... IsoComforter, ... therapy products, announced today the introduction of an innovative new design of the shoulder ... pad so you get maximum comfort while controlling your pain while using cold therapy. ...
Breaking Medicine News(10 mins):
(Date:10/10/2017)...  NDS received FDA 510(k) clearance in May 2017 for its ... specifically designed for endoscopy environments. An innovative secondary monitor solution, ZeroWire ... to support the improvement of patient outcomes, procedural efficiency, and the ... ... ...
(Date:10/5/2017)... Oct. 5, 2017  In response to the ... and Maxillofacial Surgeons (AAOMS) released prescribing recommendations that ... be used as a first-line therapy to manage ... Recognizing the value and ... Paper "Opioid Prescribing: Acute and Postoperative Pain Management" ...
(Date:10/4/2017)... 4, 2017 OBP Medical , ... medical devices, today announced regulatory approval from ... (or Agência Nacional de Vigilância Sanitária (ANVISA)) to ... surgical retractor with integrated LED light source and ... and exposure of a tissue pocket or cavity ...
Breaking Medicine Technology: