Tue, Sep 17, 2024
In August this year when Zydus acquired a 50 per cent stake in Sterling Biotech Ltd (SBL), the company negotiated for the right to acquire the 'Target Business' of SBL at a pre-defined value.
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Sat, Aug 24, 2024
The acquisition also marks Zydus' foray into specialised biotech products for health and nutrition, specifically catering to consumers who prefer animal-free protein or suffer from lactose intolerance, the Gujarat-based firm said.
Tue, Jun 11, 2019
The SBI extended guarantees in the form of Standby Letter of Credit (SBLC), which the lender reportedly said was to secure the stressed domestic loan.
Tue, Mar 26, 2019
The ED informed the National Company Law Tribunal that it is also in the process of declaring the company`s promoter Nitin Sandesara as an absconder under the stringent Fugitive Economic Offenders Act, 2018.
Mon, Mar 12, 2018
The Enforcement Directorate on Friday filed a supplementary prosecution complaint (charge sheet) against former Andhra Bank director Anup Prakash Garg in connection with a Rs 5,000 crore bank fraud involving the Vadodara-based Sterling Biotech Ltd (SBL) of the Sandesara group of companies.
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