Lupin

NSE Announcements on Lupin

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Price when posted : [Lupin - BSE:Rs. 724.05 NSE:Rs. 728.25 when posted]

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Lupin Limited has informed the Exchange that at the meeting of the Board of Directors held on October 08, 2008, the following decisions were taken: a) Dr. Kamal K. Sharma was re-appointed as Managing Director of the Company for a period of four years w.e.f. September 29, 2008. 2) Mr. Nilesh Gupta was appointed as Additional Director of the Company w.e.f. October 08, 2008 and is designated, Executive Director....

BSE Announcements on Lupin

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Price when posted : [Lupin - BSE:Rs. 724.05 NSE:Rs. 728.25 when posted]

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Lupin Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 08, 2008, inter alia, has taken the following decisions:

1. Dr. Kamal K Sharma was re-appointed as Managing Director of the Company for a period of four years w.e.f. September 29, 2008.

2. Mr. Nilesh Gupta was appointed as Additional Director of the Company w.e.f. October 08, 2008 and is designated, Executive Director.
...

NSE Announcements on Lupin

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Price when posted : [Lupin - BSE:Rs. 723.00 NSE:Rs. 721.05 when posted]

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Lupin Limited has informed the Exchange regarding the summary of Continual Disclosure of Shareholding in the Company pursuant to Clause 13 of SEBI (Prohibition of Insider Trading) Regulations, 1992. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements)....

NSE Announcements on Lupin

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Price when posted : [Lupin - BSE:Rs. 722.65 NSE:Rs. 723.00 when posted]

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Lupin Limited has informed the Exchange that the Allotment Committee of Directors at its meeting held on September 22, 2008 has allotted 40531 fully paid up equity shares of Rs. 10/- each. These shares have been allotted upon exercising of options granted to the employees under the Stock Option Plans of the Company. In view of the above, the issued and paid up capital of the Company increased to Rs. 822,944,060 consisting 82,294,406 equity shares of Rs. 10/- each....

BSE Announcements on Lupin

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Price when posted : [Lupin - BSE:Rs. 724.05 NSE:Rs. 723.75 when posted]

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Lupin Ltd has informed BSE that the Allotment Committee of Directors at its meeting held on September 22, 2008 has allotted 40531 fully paid up equity shares of Rs 10/- each. These shares have been allotted upon exercising of options granted to the employees under the Stock Option Plans of the Company.

In view of the above, the issued and paid up capital of the Company increased to Rs 822,944,060 consisting 82,294,406 equity shares of Rs 10/- each....

Acquires African generic firm

Posted by : rvk41
Price when posted : BSE: Rs 722.60 ( -2.36 % ), NSE: Rs. 720.10 ( -2.51 % )

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Drug-maker Lupin said on 18 September it has acquired South Africa-based Pharma Dynamics for an undisclosed amount.
The company has completed the acquisition of a majority stake in the generic firm, wherein its founder Paul Anley would continue as the CEO of the organisation, with significant equity holding, Lupin said in a filing to the Bombay Stock Exchange.
The domestic pharma firm expects that the synergies of the two companies would help it expand its overseas presence, the filing said.
“The equity acquisition by Lupin gives us increased access to international research and development which will further strengthen our local position,” Anley said.
For the year ending February 2008, Pharma Dynamics had reported revenues worth Rand 118 million (over Rs66 crore). The company plans to launch about 12 new products this year, it said

For information,with regards
rvk41...

NSE Announcements on Lupin

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Price when posted : [Lupin - BSE:Rs. 719.70 NSE:Rs. 720.00 when posted]

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Lupin Limited has informed the Exchange regarding a press release dated September 18, 2008, titled " Lupin in Equity Partnership with Pharma Dynamics, South Africa". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...

BSE Announcements on Lupin

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Price when posted : [Lupin - BSE:Rs. 716.10 NSE:Rs. 718.50 when posted]

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Lupin Ltd has informed BSE regarding a Press Release dated September 18, 2008 titled "Lupin in Equity Partnership with Pharma Dynamics, South Africa"...