• Sensex   38310.90   96.43  sensex_up_arr
  • Nifty   11362.45   21.30   sensex_up_arr
  • Bank Nifty   28238.35   0.20   sensex_up_arr
  • BSE Midcap   13858.88   0.13  sensex_up_arr
  • USDINR   71.37   0.12   sensex_up_arr
logo
PRAVIN RATILAL SHARE
AND STOCK BROKERS LTD
Member :    NSE   |   BSE   |   DP : NSDL
Announcement
Home >> Markets >> Equity >> News >> Announcement Detailed News
Lupin to sell its Japanese Injectables Business to Abu Dhabi based Neopharma Group
(22 Aug 2019)
Lupin announced that it has entered into a definitive agreement through its Japanese subsidiary Kyowa (Kyowa Pharmaceutical Industry Co.) for the sale of its Japanese Injectables business and related assets in Japan to neo ALA Co., a wholly owned subsidiary of Neopharma group, the UAE's largest pharmaceutical manufacturer headquartered in Abu Dhabi.

The plant and associated facilities are based out of Atsugi, Japan and has been engaged in sales and contract manufacturing of injectable products to meet various medical needs.

Under the terms of the agreement, Lupin has agreed to sell all the issued and outstanding share capital in Kyowa Criticare Co. to neo ALA Co. The transaction is subject to customary closing conditions and has been approved by the Board of Directors of Lupin. This transaction does not involve or affect the other operations of Kyowa, namely research, manufacturing, marketing and distribution of oral solids and other dosage forms in Japan.

Adani Ports & Special Economic Zone Ltd     410.65   Up   3.20 (0.79%)   Asian Paints Ltd     1,810.90   Up   12.20 (0.68%)   Axis Bank Ltd     688.55   Up   5.05 (0.74%)   Bajaj Auto Ltd     2,972.80   Up   14.75 (0.50%)   Bajaj Finance Ltd     3,906.70   Up   23.40 (0.60%)   Bajaj Finserv Ltd     8,095.00   Up   12.75 (0.16%)   Bharat Petroleum Corporation Ltd     490.30   Up   4.35 (0.90%)   Bharti Airtel Ltd     389.85   Down   -3.70 (-0.94%)   Bharti Infratel Ltd     257.10   Down   -2.35 (-0.91%)   Britannia Industries Ltd     3,141.80   Up   32.15 (1.03%)   Cipla Ltd     443.50   Up   2.60 (0.59%)   Coal India Ltd     188.40   Down   -1.70 (-0.89%)   Dr Reddys Laboratories Ltd     2,677.00   Up   25.10 (0.95%)   Eicher Motors Ltd     18,390.65   Up   62.70 (0.34%)   GAIL (India) Ltd     125.85   Down   0.00 (0.00%)   Grasim Industries Ltd     695.15   Down   -3.50 (-0.50%)   HCL Technologies Ltd     1,096.70   Up   9.90 (0.91%)   HDFC Bank Ltd     1,210.95   Up   6.55 (0.54%)   Hero Honda Motors Ltd     2,626.00   Up   16.80 (0.64%)   Hindalco Industries Ltd     187.25   Down   -1.45 (-0.77%)   Hindustan Unilever Ltd     2,040.00   Up   25.75 (1.28%)   Housing Development Finance Corporation Ltd     2,022.25   Up   7.50 (0.37%)   ICICI Bank Ltd     429.25   Up   0.40 (0.09%)   Indian Oil Corporation Ltd     146.85   Up   2.10 (1.45%)   IndusInd Bank Ltd     1,246.30   Down   -4.30 (-0.34%)   Infosys Technologies Ltd     771.10   Down   -15.00 (-1.91%)   ITC Ltd     245.55   Up   1.45 (0.59%)   JSW Steel Ltd     218.25   Down   -3.20 (-1.45%)   Kotak Mahindra Bank Ltd     1,581.15   Down   -4.35 (-0.27%)   Larsen & Toubro Ltd     1,424.50   Up   0.55 (0.04%)   Mahindra & Mahindra Ltd     569.00   Up   0.35 (0.06%)   Maruti Suzuki India Ltd     6,831.80   Up   10.70 (0.16%)   Nestle India Ltd     14,100.00   Down   -69.00 (-0.49%)   NIFTY (S&P CNX)     11,362.45   Up   21.30 (0.19%)   NTPC Ltd     117.55   Down   -0.20 (-0.17%)   Oil & Natural Gas Corpn Ltd     136.15   Up   0.90 (0.67%)   Power Grid Corporation of India Ltd     199.35   Up   0.95 (0.48%)   Reliance Industries Ltd     1,360.85   Up   2.85 (0.21%)   State Bank of India     256.25   Up   0.80 (0.31%)   Sun Pharmaceuticals Industries Ltd     398.50   Up   3.85 (0.98%)   Tata Consultancy Services Ltd     2,038.40   Up   17.40 (0.86%)   Tata Motors Ltd     126.15   Down   -1.70 (-1.33%)   Tata Steel Ltd     341.75   Down   -3.10 (-0.90%)   Tech Mahindra Ltd     728.05   Up   7.30 (1.01%)   Titan Company Ltd     1,255.95   Up   7.00 (0.56%)   UltraTech Cement Ltd     4,202.95   Up   32.65 (0.78%)   UPL Ltd     584.40   Down   -2.25 (-0.38%)   Vedanta Ltd     146.10   Down   -1.70 (-1.15%)   Wipro Ltd     244.05   Up   0.60 (0.25%)   Yes Bank Ltd     40.70   Up   0.60 (1.50%)   Zee Entertainment Enterprises Ltd     238.95   Down   -3.95 (-1.63%)      NSE Data  -  www.nseindia.com (5 minutes delayed) syndicated by www.cmots.com

Want Us to Call You?