-European unit to acquire Generis Farmaceutica SA in Portugal
-Total consideration for the acquisition at euro 135 million
-Deal will allows help establish company as top generics player in Portuguese market
Manaksia Industries
-Consolidated net profit at Rs 11.4 crore versus Rs 0.5 crore (YoY)
-Consolidated total income up 28.7 percent at Rs 29.6 crore versus Rs 23 crore (YoY)
-EBITDA at Rs 14 crore versus Rs 2 crore (YoY)
-Account with lenders has become irregular due to non-payment of dues
Punjab Alkalies
-IDBI Bank acquires 47 lakh shares on conversion of loan into equity under corporate debt restructuring
-IDBI Bank's holding in company now stands at 17.35 percent
Foods & Inn
-Acquired 12,000 shares of pharma company Pharmpak for Rs 17.1 crore
Granules India
-INFARMED Portugal inspected Gagillapur plant with 11 observations
-Gagillapur manufactures pharmaceutical formulation intermediates & finished dosage
-Initiated necessary steps to address observations, will submit response
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