Hotline: 1800 102 2007
X
Search Business Opportunities
Oct, 13 2017

Sun pharma increases its stake in Ranbaxy Malaysia

Shares of Sun Pharmaceutical Industries on Thursday closed at Rs 539.40 per scrip on BSE

Major drug company Sun Pharmaceutical said it will increase share in its peripheral Ranbaxy Malaysia SDN BHD to 79.5 through purchasing of share.

Sun Pharma said in a filling to the BSE “One of the wholly owned subsidiaries of the company has agreed to increase its shareholding in Ranbaxy Malaysia Sdn Bhd by 8.3 per cent by way of purchase of around 6.66 lakh shares. Ranbaxy Malaysia SDN BHD is an alternate of Sun Pharma, and the company along with one of its wholly owned arms has 71.2% shares prior to the acquisition.

Shares of Sun Pharmaceutical Industries on Thursday closed at Rs 539.40 per scrip on BSE, up 2.59 per cent from its previous close.

Comment
Related opportunities
  • THE TEA FACTORY - India's No.1 tea cafe brings a..
    Locations looking for expansion MADHYA PRADESH
    Establishment year 2014
    Franchising Launch Date 2014
    Investment size Rs. 5lac - 10lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater INDORE MADHYA PRADESH
  • Quick Service Restaurants
    Company Profile  Ping’s Cafe Orient is a healthy Asian street food..
    Locations looking for expansion Delhi
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 2 Cr. - 5 Cr
    Space required 1750
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New Delhi Delhi
  • Aviation & Hospitality Training Institute
    About Us:  Young chef India schools is a concept floated by..
    Locations looking for expansion West Bengal
    Establishment year 1994
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required 1100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Kolkata West Bengal
  • Bakery & Confectionary
    About: Ice Bakery - a venture of Double A Hospitality PVt..
    Locations looking for expansion Delhi
    Establishment year 2014
    Franchising Launch Date 2017
    Investment size Rs. 20lac - 30lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities