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Lupin informs about Outcome of Board Meeting

23 Jun 2015 Evaluate

Lupin has informed that the Board of Directors, at their meeting held on June 22, 2015, approved in principle, the raising of funds up to Rs 75000 million through issue of Securities i.e., Equity Shares, GDRs, ADRs, Convertible Bonds, Equity linked instruments, etc. as may be appropriate. Enabling approval of the shareholders to the above shall be sought at the Annual General Meeting scheduled for July 23, 2015.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Sun Pharma. Inds. 1762.95
Dr. Reddys Labs. 1338.50
Cipla 1357.00
Lupin 1998.00
Zydus Lifesciences 1186.00
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