Sector: Pharma

Omega 3 Market to Exhibit an Incredible Growth of USD 4.76 billion by 2029, Size, Share, Trends, Key Drivers, Demand and Opportunity Analysis

United States: Omega 3 Market analysis report provides data and information about the scenario of ABC industry which makes it easy to be ahead of the competition in today’s speedily changing business environment. The parameters of the report range from latest trends, market segmentation, new market entry, industry forecasting, target market analysis, … New York … Read more

Amrutanjan announces Buyback

Key buyback details – upto 1.10% of total equity shares are being sought in the buy back Buy back price is fixed at Rs 900/ share which is 35% premium over the previous day’s closing price Rs 28.8 cr is expected to be spent on buyback (excluding statutory charges) Record date has been fixed at … Read more

All Independent Directors and CFO of Balaji Amines resign

In a surprise announcement, Balaji Amines informed the following – All five independent directors of the Company – Mr. Naveena Thammishetty Chandra, Mr. Kashinath Revappa Dhole, Mr. Satyanarayana Murthy Chavali, Mr. Amarender Reddy Minupuri and Mrs. Vimala Behram Madon have resigned as Independent Directors of the Company from the closing hours on 20th May, 2023; … Read more

IPCA acquires significant stake in Unichem

IPCA Laboratories is acquiring 33.38% from the promoters of Unichem Laboratories (UL). Promoters before this transaction owned 50.94% of UL. Out of the balance, 9.85% was held by the institutions and 39.21% by the retail investors.  Transaction is announced @ Rs 440/ share aggregating to Rs 1,034.06 cr. This implies a premium of about 17% … Read more

Sanofi to demerge consumer healthcare business

As per newspaper reports, Sanofi India is working on spinning off it’s consumer healthcare business in India in a separate listed entity. The subject unit’s products include leading anti-allergy brands such as Allegra and Avil, pain management drug Combiflam and Vitamin D brand Depura. The business posted revenue of Rs 1,000-1,250 crore in CY22 (against … Read more

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