Ruchi Soya gets SEBI India approval for a Follow-on Public Offer of up to Rs 4,300 crore. FPO may launch by next week
Positive for SBI
Positive for SBI
ANG life science acquired Ind- Swift ltd pharmaceutical business at 60 cr.
ANG life science ltd executed Asset transfer agreement with Ind -swift ltd to acquire 2 mfg units 3 & 4 injectable and OSD ( Oral Solid Dosage ) at 60 cr.This facility is spread over 10 Acre area at Baddi H.P.
The repayment of consideration amount will be paid for next 5 yr. Company already paid 20 cr and balance payment will be paid within 4 yr. This is differed payment terms till 2024 June in 4 Annual payment.
With this acqusition of Unit 3 & 4 , ANG can post topline 800 cr in next 1 yr and EBIDTA 120 cr.
ANG is having 6 Formulation mfg units post acquisation with 800 employees.
ANG lifescience Ltd
Cmp 485
Market cap :220 cr
Promoter holding :71%
Public : 29%
ROCE :23.7%
ROE : 20.4%
Book value :66.7
Long term Debt : 7 cr
Working capital debt ( short term): 32 cr
Reserve : 36 cr
ANG life science ltd executed Asset transfer agreement with Ind -swift ltd to acquire 2 mfg units 3 & 4 injectable and OSD ( Oral Solid Dosage ) at 60 cr.This facility is spread over 10 Acre area at Baddi H.P.
The repayment of consideration amount will be paid for next 5 yr. Company already paid 20 cr and balance payment will be paid within 4 yr. This is differed payment terms till 2024 June in 4 Annual payment.
With this acqusition of Unit 3 & 4 , ANG can post topline 800 cr in next 1 yr and EBIDTA 120 cr.
ANG is having 6 Formulation mfg units post acquisation with 800 employees.
ANG lifescience Ltd
Cmp 485
Market cap :220 cr
Promoter holding :71%
Public : 29%
ROCE :23.7%
ROE : 20.4%
Book value :66.7
Long term Debt : 7 cr
Working capital debt ( short term): 32 cr
Reserve : 36 cr
*SEBI* After 15th Oct. 2021, shares tendered in buybacks will be lien marked in your demat accounts (like ASBA in IPOs).
And only Accepted Shares will be debited from demat accounts as per Final AR and remaining shares will be unblocked.
And only Accepted Shares will be debited from demat accounts as per Final AR and remaining shares will be unblocked.
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Nirmal Bang is inviting you to a Zoom webinar.
When: Aug 17, 2021 08:45 AM India
Topic: Morning Market Update
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Live webinar on "Mutual Fund Outlook" by Mr. Harsha Upadhyaya, President & CIO - Equity, Kotak Mahindra Asset Management Company (KMAMC) with Ms. Hiral Dadia, Anchor and Editor.
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Live webinar on "Commodity Strategies" by Mr. Kunal Shah, Head - Commodity Research at Nirmal Bang with Ms. Hiral Dadia, Anchor and Editor.
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YouTube
Commodity Strategies with Mr. Kunal Shah, Head - Commodity Research at Nirmal Bang
Mr. Kunal Shah, Head - Commodity Research at Nirmal Bang in conversation with Ms. Hiral Dadia, Anchor and Editor on Commodity Strategies