Glenmark Pharmaceuticals Ltd


BSE: 532296 | NSE: GLENMARK | ISIN: INE935A01035 
Market Cap: [Rs.Cr.] 15,495 | Face Value: [Rs.] 1
Industry: Pharmaceuticals - Indian - Bulk Drugs & Formln

 Discuss this stock

Board Meet

07-May-13 
Glenmark Pharmaceuticals Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 07, 2013 : 1. To consider and approve the Company's Audited Financial Statements for the Year ended March 31, 2013. 2. To Consider and recommend dividend, if any, on Equity Shares for the year ended March 31, 2013. Glenmark Pharmaceuticals Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 07, 2013, inter alia, has recommended Dividend @ 200% i.e. Rs. 2/- per share (face value Re. 1/-) on the Equity Share Capital of the Company for the financial year 2012-2013 subject to the approval of the Shareholders at the ensuing Annual General Meeting. Glenmark Pharmaceuticals Ltd has informed BSE that at the meeting of the Board of Directors of the Company held on May 07, 2013, Mr. Marshall Mendonza - Vice President & Company Secretary ceased to be the Company Secretary of the Company consequent to his retirement. At the same meeting, Mr. Sanjay Kumar Chowdhary was appointed as the Company Secretary & Compliance Officer of the Company. (As per BSE Announcement Dated on 07.05.2013) 
29-Jan-13 
Glenmark Pharmaceuticals Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on January 29, 2013, to consider and approve the Company's Un-audited Financial Statements for the Third Quarter ended December 31, 2012 (Q3).  
30-Oct-12 
Glenmark Pharmaceuticals Ltd has informed BSE that a meeting of the Board of Directors will be held on October 30, 2012, to consider and approve the Company's Un-audited Financial Statements for the Second Quarter/Half year ended September 30, 2012 (Q2). Glenmark Pharmaceuticals Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 30, 2012, allotted 9,950 shares to the employees of the Company on exercise of options granted to them pursuant to ESOS 2003. (As per BSE Announcement Dated on 30.10.2012)  
02-Aug-12 
Glenmark Pharmaceuticals Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on August 02, 2012 to consider and approve the Company's unaudited Financial Statements for the Quarter ended June 30, 2012. Glenmark Pharmaceuticals Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 02, 2012, allotted 33,500 shares to the employees of the Company on exercise of options granted to them pursuant to ESOS 2003. (Asper BSE Announcement Website Dated on 02/08/2012) 
08-May-12 
Glenmark Pharmaceuticals Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 08, 2012: 1. To consider and approve the Company's Audited Financial Statements for the Year ended March 31, 2012. In view of the above, publication of the Un-Audited Results for the last Quarter i.e. January 01, 2012 to March 31, 2012 would not be necessary. 2. To Consider and recommend dividend, if any, on Equity Shares for the year ended March 31, 2012. Glenmark Pharmaceuticals Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 08, 2012, inter alia, has recommended Dividend @ 200% i.e. 2/- per share (face value Re. 1/-) on the Equity Share Capital of the Company for the financial year 2011-2012 subject to the approval of the Shareholders at the ensuing Annual General Meeting. (As Per BSE Announcement Dated on 08.05.2012) Glenmark Pharmaceuticals Ltd has informed BSE that the Board of Directors of the Company, at its Meeting held May 08, 2012 allotted 38,150 shares to the employees of the Company on exercise of options granted to them pursuant to ESOS 2003. (As Per BSE Announcement Dated on 10.05.2012) 

AGM

03-Aug-12
Glenmark Pharmaceuticals Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from July 23, 2012 to August 03, 2012 (both days inclusive) for the purpose of Payment of Dividend & 34th Annual General Meeting (AGM) of the Company to be held on August 03, 2012. Glenmark Pharmaceuticals Ltd has informed BSE that the 34th Annual General Meeting (AGM) of the Company will be held August 03, 2012. (As Per BSE Announcement Website Dated on 09/07/2012) Glenmark Pharmaceuticals Ltd has informed BSE that at the Annual General meeting (AGM) held on August 03, 2012, the Shareholders have approved the following: - Dividend of Rs. 2 per share of Re. 1 each (200%) on the Equity Share Capital of the company for the financial year ended 2011-12. (As Pwr BSE Announcement Website Dated on 03/08/2012) Glenmark Pharmaceuticals Ltd has informed BSE that the 34th Annual General Meeting (AGM) of the Company was held on August 03, 2012, under Clause 35A. (As Per BSE Announcement Dated on 07.08.2012) 
11-Aug-11
Glenmark Pharmaceuticals Limited has informed the Exchange that the Register of Members and the Share Transfer Books of the Company will remain closed from August 01, 2011 to August 11, 2011 (both days inclusive) for the purpose of the Annual Closure for the Annual General Meeting scheduled to be held on August 11, 2011 and also for determining the names of the shareholders to whom the dividend which if declared at the Annual General Meeting i payable. Glenmark Pharmaceuticals Ltd has informed BSE that the members at the Annual General Meeting (AGM) of the Company held on August 11, 2011, inter alia, have approved the Dividend of Re. 0.40 per share of Re. 1 each (40%) on the Equity Share Capital of the Company for the financial year ended 2010-2011. (As Per BSE Announcement Website dated on 11.08.2011) Glenmark Pharmaceuticals Ltd has submitted to BSE a copy of the proceedings of the 33rd Annual General Meeting of the Company held on August 11, 2011 inter alia, have also accorded to the following: 1. Adoption of the Audited Accounts for the year ended March 31, 2011 and the Report of Board of Directors and the Auditors thereon. 2. Declaration of Dividend of Re. 0.40 per Equity Share of Re. 1/- each (i.e. 40%) as recommended by the Board of Directors for the year ended March 31, 2011. 3. Re-appointment of Mrs. B. E. Saldanha, Mrs. Cheryl Pinto & Mr. D. R. Mehta as Directors of the Company. 4. Appointment of M/s. Walker, Chandiok & Co. Chartered Accountants, as the Statutory Auditors of the Company hold office from the conclusion of this Annual General Meeting (AGM) until the conclusion of the next Annual General Meeting (AGM) on a remuneration, terms & conditions. (As Per BSE Announcement Dated on 30.08.2011) 
27-Sep-10
Glenmark Pharmaceuticals Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from September 20, 2010 to September 27, 2010 (both days inclusive) for the purpose of Payment of Dividend & 32nd Annual General Meeting (AGM) of the Company to be held on September 27, 2010. Glenmark Pharmaceuticals Ltd has informed BSE that the Shareholders at the Annual General Meeting (AGM) of the Company held on September 27, 2010, have approved the following: 1. Final Dividend @ 40% on the Equity Share Capital of the Company for the financial year ended 2009-2010. 2. Appointment of Walker, Chandiok & Co. Chartered Accountants as Statutory Auditors of the Company for the Financial Year 2010-2011. (As Per BSE Announcement Website dated on 27.09.2010) Glenmark Pharmaceuticals Ltd has submitted to BSE a copy of the proceedings of the 32nd Annual General Meeting (AGM) of the Company held on September 27, 2010. (As Per BSE Announcement Dated on 08.10.2010) 
25-Sep-09
Glenmark Pharmaceuticals Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from September 14, 2009 to September 25, 2009 (both days inclusive) for the purpose of Payment of Dividend & 31st Annual General Meeting (AGM) of the Company to be held on September 25, 2009. Glenmark Pharmaceuticals Ltd has informed BSE that the members at the 31st Annual General Meeting (AGM) of the Company held on September 25, 2009, inter alia, have accorded to the following: 1. Adoption of the Audited Accounts for the year ended March 31, 2009 and the Report of Board of Directors and the Auditors thereon. 2. Declaration of Dividend of Re. 0.40 per Equity Shares of Re. 1/- each (i.e. 40%) for the year ended March 31, 2009. 3. Re-appointment of Mr. Gracias Saldanha & Mr. N. B. Desai as Directors of the Company. 4. Appointment of M/s. Price Waterhouse, Chartered Accountants, Mumbai, as the Statutory Auditors of the Company to hold office from the conclusion of this Annual General Meeting until the conclusion of the next Annual General Meeting on a remuneration, terms & conditions. 5. Appointment of Mrs. B. E. Saldanha & Mr. D. R. Mehta as Directors of the Company. (As Per BSE Announcement Dated on 26/10/2009) 
26-Sep-08
Glenmark Pharmaceuticals Ltd. has informed the Exchange that The Annual General Meeting of the Company will be held on September 26, 2008. Glenmark Pharmaceuticals Ltd has informed BSE that the members at the Annual General Meeting (AGM) of the Company held on September 26, 2008, inter alia, have accorded to the following: 1. Adoption of the Audited Accounts for the year ended March 31, 2008 and the Report of Board of Directors and the Auditors thereon. 2. Confirmation of Interim Dividend paid on Equity Shares @ 70% on the paid-up Equity Share Capital of the Company for the year ended March 31, 2008 as final dividend. 3. Re-appointment of Mrs. B E Saldanha, Mr. Rajesh V Desai & Mr. A S Mohanty as Directors of the Company. 4. Appointment of M/s. Price Waterhouse, Chartered Accountants, Mumbai, as the Statutory Auditors of the Company to hold office from the conclusion of this Annual General Meeting until the conclusion of the next Annual General Meeting on a remuneration, terms & conditions. 5. Authority to the Board to issue, offer and allot Equity shares /warrants and / or instruments convertible into Equity shares optionally or otherwise including but not limited to Global Depository Receipts (GDR's) / American Depository Receipts (ADR's) / Foreign Currency Convertible Bonds (FCCB's) or any combination thereof ("Securities") for an aggregate sum upto US$ 250 million with a green shoe option of 15% or equivalent in Indian and / or any other currency (ies) inclusive of such premium, as may be permitted by the Ministry of Finance / such other authorities directly to Indian / Foreign / Resident / Non-resident Investors (whether Institutions, Incorporate Bodies, Mutual Funds / Trusts / Foreign Institutional Investors / Banks and / or individuals, or otherwise and whether or not such investors are members, promoters, directors or their relatives of the Company) through Public Issue(s), Private Placement(s) or a combination thereof or through Qualified Institutional Placement (QIP) in terms of Chapter XIII A of the SEBI (Disclosure and Investor Protection) Guidelines, 2000 as amended from time to time at such time or times, in such tranche or tranches, at such price or prices at a discount or premium to market price or prices in such manner and on such terms and conditions as may be decided and deemed appropriate by the Board at the time of such issue or allotment of considering the prevailing market conditions and other relevant factors, wherever necessary in consultation with the Lead Managers, Underwriters, advisors or through the subsidiaries, including by way of Initial Public Offer in US or other countries, so as to enable the Company to get listed at any Stock xchanges in India and / or Luxemburg / London / New York / Singapore / Hong Kong Stock Exchanges and / or any of the Overseas Stock Exchanges, subject to necessary provisions & approvals. (As Per BSE Announcement Website dated on 06.10.2008) 

EGM

02-Sep-09
Glenmark Pharmaceuticals Ltd has informed to BSE that the Proceedings of the Deemed Extra Ordinary General Meeting of the Company held on September 02, 2009, has accorded to the following: - Authority to the Board to issue, offer and allot Equity shares / warrants and for instruments convertible into Equity shares optionally or otherwise including but not limited to Global Depository Receipts (GDRs) /American Depository Receipts (ADRs) / Foreign Currency Convertible Bonds (FCCBs) or any combination thereof (Securities) for an aggregate sum upto US$ 250 million with a green shoe option of 15% or equivalent in Indian and / or any other currency (ies) inclusive of such premium, as may be permitted by the Ministry of Finance / such other authorities directly to Indian / Foreign / Resident / Non-resident Investors (whether Institutions, Incorporate Bodies, Mutual Funds / Trusts / Foreign Institutional Investors / Banks and / or individuals, or otherwise and whether or not such investors are members, promoters, directors or their relatives / associates, of the Company) through Public Issue(s), Private Placement(s) or a combination thereof or through Qualified Institutional Placement (QIP) in terms of Chapter XIII A of the SEBI (Disclosure and Investor Protection) Guidelines, 2000 as amended from time to time at such time or times, in such tranche or tranches, at such price or prices at a discount or premium to market price or prices in such manner and on such terms and conditions as may be decided and deemed appropriate by the Board at the time of such issue or allotment of considering the prevailing market conditions and with reference to such relevant date as may be decided and deemed appropriate by the Board at the time of such issue or allotment of considering the prevailing market conditions and other relevant factors, wherever necessary in consultation with the Lead Managers, Underwriters, advisors or through the subsidiaries, including by way of Initial Public Offer in United States of America or other countries, so as to enable the Company to get listed at any Stock Exchanges in India and / or Luxemburg / London / New York / Singapore / Hong Kong Stock Exchanges and / or any of the Overseas Stock Exchanges, subject to necessary provisions & approvals. 
06-Oct-08
Glenmark Pharmaceuticals Ltd has submitted to the Exchange a copy of the proceedings of the Deemed EGM held on October 06, 2008 towards declaration of the results of Postal Ballot. Glenmark Pharmaceuticals Ltd has submitted to BSE proceedings of the Deemed EGM held on October 06, 2008 towards declaration of the results of Postal Ballot. (As Per BSE Announcement Website dated on 15.10.2008) 
27-Jul-07
Extraordinary General Meeting (EGM) held on July 27, 2007, with requisite majority : 1. Sub-Division of Equity Shares from the face value of Rs 2/- per share to Re l/_ per share and consequent change in the Capital clause of the Memorandum of Association. 2. Consequent upon approval of item no. 1, change in the Article No.4 (Capital Clause) of the Articles of Association. Glenmark Pharmaceuticals Ltd. submitted to the Exchange a copy of the proceedings of the Deemed EGM of the Company held on July 27, 2007 for declaration of results of the Postal ballot. (As per NSE BUlletin Dated on 09/08/2007) 
17-Feb-05
The company has informed that the shareholders of the Company have approved through postal ballot the following at the deemed Extra Ordinary General Meeting (EGM) held on February 17, 2005 : 1. Alteration of Authorised Share Capital of the Company by classifying out of the existing unclassified share capital of Rs.10 crores, unclassified shares of Rs.5 crores into 2,50,00,000 equity shares of Rs 2/- each. 2. Alteration in Memorandum & Articles of Association of the Company 3. Issue of fully paid Bonus Shares of Rs 2/- each at the ratio 1:1 by Capitalisation of reserves. Glenmark Pharmaceuticals Ltd. has informed the Exchange that the shareholders of the Company have approved through postal ballot the following Resolutions at the deemed EGM held on February 17, 2005: 1) Special Resolution for alteration of Authorised Capital of the Company by classifying out of existing unclassified share capital of Rs.10 Crores, unclassified shares of Rs.5.00 Crores into 25000000 Equity Shares of Rs.2/- each; 2) Special Resolution for Alteration of Clause V of Memorandum of Association of the Company relating to Share Capital; 3) Special Resolution for Alteration of Article 4 of Articles of Association of the Company relating to Share Capital; 4) Ordinary Resolution for issue of fully paid Bonus Shares of Rs.2/- each at the ratio of 1:1 by Capitalisation of reserves. The results of the postal ballot provided below indicate that the shareholders have approved the four resolutions:- Resolution No.1:- a) Total number of Postal ballot papers received - 2018; b) Number of invalid Postal Ballot Papers received - 148; 3) Number of valid Postal Ballot Papers received - 1870; d) Votes in favor of the Resolution - 35173146; e) Votes against the Resolution - 2304; f) Resolution passed by % of valid votes received - 99.99%. Resolution No.2:- a) Total number of Postal ballot papers received - 2018; b) Number of invalid Postal Ballot Papers received - 213; 3) Number of valid Postal Ballot Papers received - 1805; d) Votes in favor of the Resolution - 35160843; e) Votes against the Resolution - 2284; f) Resolution passed by % of valid votes received - 99.99%.Resolution No.3:- a) Total number of Postal ballot papers received - 2018; b) Number of invalid Postal Ballot Papers received - 217; 3) Number of valid Postal Ballot Papers received - 1801; d) Votes in favor of the Resolution - 35160157; e) Votes against the Resolution - 1934; f) Resolution passed by % of valid votes received - 99.99%. Resolution No.4:- a) Total number of Postal ballot papers received - 2018; b) Number of invalid Postal Ballot Papers received - 152; 3) Number of valid Postal Ballot Papers received - 1866; d) Votes in favor of the Resolution - 35171894; e) Votes against the Resolution - 305; f) Resolution passed by % of valid votes received - 99.99%. (As per NSE bulletin dated on 18/02/2005) Glenmark Pharmaceuticals Ltd. has submitted the minutes of the deemed EGM of the company held on February 17, 2005. (As per NSE Bulletin dated on 28/02/2005) 
21-Jan-05
Glenmark Pharmaceuticals Ltd. has informed the Exchange that pursuant to the notice dated December 11, 2004, the shareholders of the Company have approved through postal ballot the following Resolutions at the deemed EGM held on January 21, 2005: 1) Special resolution pursuant to section 81(1A) of the Companies Act, 1956, for issue, offer and allotment of Bonds or Debentures or Global Depository Receipts (GDRs)/American Depository Receipts (ADRs) or Equity Shares/Warrants and/or any instruments convertible into Equity Shares whether optionally or otherwise; 2) Ordinary resolution for enhancement of borrowing limits under section 293(1) (d) of the Companies Act, 1956 upto Rs.1000 Crores.The details of the results of the postal ballot is as follows: A) Resolution No.1 :- a) Total number of Postal ballot papers received - 1430; b) Number of invalid Postal Ballot Papers received - 104; 3) Number of valid Postal Ballot Papers received - 1326; d) Votes in favor of the Resolution - 39052894; e) Votes against the Resolution - 16488; f) Resolution passed by % of valid votes received - 99.96%.B) Resolution No.2 :- a) Total number of Postal ballot papers received - 1430; b) Number of invalid Postal Ballot Papers received - 589; 3) Number of valid Postal Ballot Papers received - 841; d) Votes in favor of the Resolution - 38059665; e) Votes against the Resolution - 3667; f) Resolution passed by % of valid votes received - 99.99%. 

Peer Comparison

Company Market Cap
(Rs. in Cr.)
P/E (TTM)
(x)
P/BV (TTM)
(x)
EV/EBIDTA
(x)
ROE
(%)
ROCE
(%)
D/E
(x)
Sun Pharma.Inds. 104,238.32 72.41 12.86 27.45 26.1 27.0 0.01
Dr Reddy's Labs 34,830.93 27.52 4.58 18.79 14.3 16.6 0.25
Cipla 33,320.35 21.76 4.42 14.11 15.9 19.8 0.03
Ranbaxy Labs. 16,634.18 0.00 8.66 72.87 0.0 0.0 2.38
Cadila Health. 16,123.28 39.08 6.32 18.45 28.4 24.2 0.40
Glenmark Pharma. 15,495.48 40.14 6.14 23.94 12.7 11.7 0.39
Wockhardt 14,412.51 85.85 119.79 12.82 237.0 30.3 2.09
Piramal Enterp. 9,590.33 0.00 0.91 23.66 0.8 2.1 0.07
Ipca Labs. 7,297.52 21.94 5.78 10.09 24.2 23.7 0.49
Torrent Pharma. 6,005.90 11.23 4.60 11.66 29.6 25.5 0.48
Biocon 5,512.00 19.22 2.50 12.20 12.6 13.6 0.08
Strides Arcolab 5,229.76 35.65 3.81 46.94 7.3 8.9 0.56
Aurobindo Pharma 5,081.44 12.08 2.04 22.89 10.7 8.8 1.01
Mylan Lab. 3,273.19 6.80 1.77 0.00 26.9 26.1 0.59
Alembic Pharma 2,260.12 14.36 4.92 5.60 39.5 27.7 1.07

Futures & Options Quote

 
Expiry Date
NA
Instrument: NA
Expiry Date: NA
Strike Price: NA
Open Price: NA
Average Price: NA
No. of Contracts Traded: NA
Open Interest: NA
Underlying: NA
Option Type: NA
Market Lot: NA
Previous Close: NA
Day’s High | Low: NA | NA
Turnover (Cr.): NA
Open Int. Change: NA | NA
View detailed F& O quotes >>

Key Information

Key Executives:

Glenn Saldanha , Chairman and MD & CEO  

Julio F Ribeiro , Director  

Natvarlal B Desai , Director  

Sridhar Gorthi , Director  


Company Head Office / Quarters:
B/2 Mahalaxmi Chambers,
22 Bhulabhai Desai Road,
Mumbai,
Maharashtra-400026
Phone : 91-22-40189999/879/56549999
Fax : 91-22-40189986/23512177/23519652
E-mail : complianceofficer@glenmarkpharma.com
Web : http://www.glenmarkpharma.com
Registrars:
Karvy Computershare Pvt Ltd
Plot No 17-24
Vittal Rao Nagar
Madhapur
Hyderabad-500081

Fund Holding


Calendar

May-2013
M T W T F S S
20 21 22 23 24 25 26
IPO
listIssue Opening : India Finsec
Economic Events
list Balance (YTD) (New Zealand dollars)
list Cap Goods Orders Nondef Ex Air
Results
list Britannia Inds. | Crompton Greaves | M R P L | Jet Airways