| Purpose | AGM Date | Announcement Date |
|---|---|---|
| AGM | 30 Aug 2024 | 29 May 2024 |
| Please find enclosed herewith the outcome of the Board meeting dated 29th May, 2024 The BOD at its meeting held today has fixred 10.8.24 as the record date for payment of final dividend and 23.08.24 as cut off date for purpose of AGM (As Per BSE Announcement Dated on 29.05.2024) Please find enclosed herewith the details regarding the brief proceedings of 50th Annual General Meeting (AGM) of the Company held on 30th August, 2024 at 11.00 a.m. through Video Conferencing (VC) / Other Audio Visual Means (OAVM) and the details regarding the voting results of the business transacted at the said AGM in the prescribed format. Further we are also enclosing the Report of the Scrutinizer on remote e-voting and e-voting during the AGM. Kindly take the same on record. (As per BSE Announcement Dated on 30/08/2024) | ||
This inspection, conducted from March 10 through March 13, 2025, was to evaluate compliance with the legal standards concerning bioequivalence studies.
The company saw its revenues increase by 1.5% YoY at ₹3,374 crore from ₹3,324 crore.
The serum contains liposomal azelaic acid, liposomal 4-butyl resorcinol, tranexamic acid, alpha arbutin, and niacinamide.
R&D expenses rose to ₹146.5 crore, making up 4.3% of total revenue, compared to ₹115.8 crore (3.4% of revenue) in the previous year.
This comes after competing private equity firms TPG Capital, Apax Partners, and KKR withdrew their original interest.
Alkem will conduct clinical trials of 'SON-080' in India, with Sonnet's support for global and local regulatory submissions.
According to sources, the floor price would be ₹5,616 per share, which is 3% lower than the current market price (CMP).
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