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According to the agreements, Glenmark will receive from Cassiopea, a Cosmo subsidiary, the sole right to market Winlevi in 15 EU nations, including South Africa, the UK, Denmark, Finland, France, Hungary, Iceland, the Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Spain, and the Czech Republic.

The demerger will involve the distribution business transitioning into KSR Footwear, a move consistent with Khadim India's primarily retail and distribution business model

Rupee ends at 83.19/$ against Wednesday’s close of 83.22/$

Glenmark gains exclusive rights to commercialize Winlevi (clascoterone cream 1%) in 15 EU countries and South Africa and the UK

Sun Pharma, IndusInd Bank, Larsen & Toubro and UltraTech Cement were among the gainers on Sensex.

Global oil benchmark Brent crude registers a 0.99% increase, reaching USD 94.89 per barrel

Plaza Wires, headquartered in Delhi, has announced its IPO pricing strategy, with a price band set at Rs 51-54 per share.

A 51% stake in TCNS Clothing has been acquired by Aditya Birla Fashion Retail Ltd (ABFRL), making it a promoter of the women's clothing company.

The net profit for the quarter stood at Rs 13.42 crore, a significant improvement from the Rs 9.95 crore loss reported in the same period last year

Goenka was represented by senior attorney Abhishek Manu Singhvi, and the Securities Exchange Board of India (SEBI) was represented by senior attorney Darius Khambata.