In News

In News

Sula Vineyards: India's largest wine producer will make its debut on the bourses on December 22. The issue price has been fixed at Rs 357 per share.

JMC Projects (India): The National Company Law Tribunal has sanctioned the Scheme of Amalgamation of the company with Kalpataru Power Transmission.

Speciality Restaurants: The company has received board approval for issue of 60 lakh warrants convertible into equity shares on preferential basis, at a price of Rs 212.05 per warrant. An amount equivalent to 25% of the warrant issue price (i.e. Rs 53.02 per warrant) will be payable at the time of subscription and allotment of each warrant, and the balance 75% of the warrant issue price (Rs 159.03 per warrant) will be payable on the exercise of warrants on or before April 30, 2023.

JB Chemicals & Pharmaceuticals: The private equity firm KKR-backed JB Chemicals has completed acquisition of Razel franchise from Glenmark Pharmaceuticals. Last week, As a result, it had agreed to acquire Glenmark's cardiac brand Razel in India and Nepal for Rs 313.7 crore.

Supriya Lifescience: The company has signed an agreement with Pune-based Enrich Energy to develop 4.68 MWp DC solar photovoltaic power project at Nanded in Maharashtra. This project will generate & supply green energy to fulfill about 50 percent present consumption of the company & reduce carbon emission equivalent to 6,830 tons per annum.

Lyka Labs: The company has signed an agreement to acquire animal healthcare business from Agilis Healthcare. In November, it had proposed acquisition of animal healthcare business.

Kwality Pharmaceuticals: The company has received approval from Brazil's National Health Surveillance Agency ANVISA (Agencia Nacional de Vigilancia Sanitaria) for its injectable formulations manufacturing unit at Amritsar and oncology injectable unit at Himachal Pradesh. The approval allows company to market its products in Brazilian pharmaceutical market.