The company plans to set up 4-6 manufacturing units in different therapeutics categories to cater to the growing demands in Domestic and Exports markets.
The company has received these orders for printing & dispatch services from JK Cement Ltd.
The Outlook is Stable. The rating on the Standby letter of credit (LC) Rs1,085 million has been withdrawn (paid in full).
As per the valuation report from the registered valuer, the cost of acquisition is Rs2.68 crore.
Bank Nifty outperformed the Nifty index by ~0.2% with both the indices closing ~1.8%/1.6% lower
The company has acquired 1,66,054 shares of Rs10 each in Gtropy, valuing Rs13.50 crore.
The Company has transferred 45.20 lakh equity shares having face value of Rs10/†each of Arka Fincap— Subsidiary Company to AFHPL, a wholly-owned subsidiary at Rs49,720,000/â€.
Sushil Kumar Roongta, aged around 71, is an Electrical Engineering graduate from BITS, Pilani.
Dr. Bathe has a rich experience of 21 years in providing strategic guidance to the company.
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