The warning letter specifically cites Zydus’s failure to properly investigate contamination issues in drug products at its Jarod plant in Vadodara district.
Spice Healthcare issued preferential warrants on September 4, 2023, resulting in the acquisition of 13.74% of equity shares.
The partnership aims to boost the production of IT products, particularly notebooks, as part of the growing collaboration between Dixon Technologies and global tech brands.
Following this deal, Samvardhana Motherson will be REE's exclusive partner in managing the complete supply chain.
In another leadership shift, Colonel Shaminder Singh Jamwal will become the new Head of Security, also starting October 1, 2024.
Zydus will take charge of marketing, distributing, and selling these MRI contrast agents in the US market, marking its entry into the contrast agent product category.
The two firms represent a total capacity of 1,000 MW in standalone BESS projects granted through SECI's global competitive bidding process.
The withdrawal was based on the "mutual consent" of both parties, who settled their dispute and passed resolutions to withdraw the merger scheme.
This is the company's first greenfield wind power plant for SECI, contributing to its renewable energy growth and supporting a sustainable future.
The IPO will remain open for subscription from September 13 to September 18, with the share allotment expected to be finalized on September 19, and the listing on BSE and NSE on September 23.

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