Street Brief By Saket Lohia https://t.me/saketlohia5 Saturday | Saket Lohia

Street Brief
By Saket Lohia
https://t.me/saketlohia5

Saturday, 10 July 2021

1. Marksans Pharma to issue 493.24 lakhs warrants at Rs. 74/-, totalling to 365 Cr. to OrbiMed, global healthcare investment firm OrbiMed. Post Conversion, OrbiMed will own around 10.7% stake. Co. to also allot 10 lakhs warrants to the Promoter, Mr. Mark Saldanha at 74/- totalling to 7.5 Cr. PDF
2. Small Finance Banks have announced that RBI has decided to permit small finance banks and their respective holding companies to apply for the amalgamation. PDF
3. Dhanuka Agri has launched a new Product- ‘Tornado’: This product is expected to provide a comprehensive solution for weeds in Oilseeds Crops. PDF
4. Unichem Lab has received USFDA Approval for ANDA of Sitagliptin Tablets. PDF
5. Shaily Engineering has approved raising of funds for an amount aggregating upto Rs. 300 crores PDF
6. Ugar Sugar has decided to set up a 200 KLPD distillery. Its Existing Capacity is 75 KLPD. Investment of Rs. 151 Cr. PDF