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Related stories from the web
Ranbaxy hikes stake in Zenotech Lab to 45% (The Hindu)
Stake acquisition: Mr Malvinder Mohan Singh (right), CEO and Managing Director, Ranbaxy Laboratories, with Dr Jairam Chigurupati, Managing Director, Zenotech Laboratories Ltd, at a press conference in the Capital on Wednesday.
Ranbaxy signs definitive agreement with Zenotech (PharmaBiz)
Ranbaxy Laboratories Ltd has signed a definitive agreement with Zenotech Laboratories Ltd (Zenotech), providing for an increase in equity stake by Ranbaxy from its current 7 per cent to 45 per cent at a price of Rs 160 per share aggregating to Rs 214 crore.
Ranbaxy to consolidate stake in Zenotech Labs (Hindustan Times)
Pharma major Ranbaxy on Wednesday said that it would increase its stake in Hyderabad-based drug firm Zenotech Labs to 45 per cent, involving a payout of Rs 214 crore, and make an open offer to buy additional shares.
