Dr. Reddy's, Mahindra Lifespace and Barbeque-Nation Hospitality to see some action today

Dr. Reddys Laboratories Ltd. | Pharmaceuticals & Drugs | Healthcare | BSE: 500124 | NSE: DRREDDY

04 Feb 2022 Evaluate

Dr. Reddy's Laboratories has entered into a definitive agreement to acquire Nimbus Health GmbH (Nimbus Health). Nimbus Health is a privately owned, licensed pharmaceutical wholesaler from Germany focusing on medical cannabis in Germany. Dr. Reddy's will acquire Nimbus Health for an upfront payment plus performance and milestone-based earn-outs over the next four years.

Mahindra Lifespace Developers has launched a new residential project at Kalyan, Mumbai Metropolitan Region named ‘Mahindra Happinest Kalyan-2’. The said project is registered with Maharashtra RERA.

Barbeque-Nation Hospitality is all set for further investment of Rs 16.99 crore in the equity shares of Red Apple Kitchen Consultancy (Toscano), a subsidiary of the Company. The company will acquire 1,261 equity shares, having face value of Rs 100 each, at an issue price of Rs 1,34,776 per equity share.

Asian Granito India has incorporated wholly owned subsidiary company namely ‘Future Ceramic’. Future Ceramic is incorporated with an object to undertake the business activities pertaining to ceramic industry. The subscribed capital is Rs 1 lakh consisting of 10,000 equity shares of Rs 10 each.

Godrej Properties’ (GPL) Board has approved a potential investment in DB Realty (DBR) and also the setting up of a special purpose vehicle along with DBR to jointly undertake slum rehabilitation and MHADA redevelopment projects. GPL will subscribe to warrants convertible into Equity Shares aggregating to approximately 10% of the issued and paid-up capital of DBR for an aggregate amount of approximately Rs 400 crore. GPL and DBR will each contribute an additional 300 crore towards the equity platform focused on redevelopment opportunities in Mumbai.

Power Finance Corporation’s (PFC) wholly owned subsidiary -- PFC Consulting has incorporated wholly owned subsidiary namely ‘Chhatarpur Transmission’ as Special Purpose Vehicle (SPV) for development of 'Transmission Scheme for evacuation of Power from Chhatarpur SEZ (1500 MW).

Union Bank of India has offered WhatsApp Banking powered by Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys. Infosys Finacle and Union Bank of India has announced the availability of its banking services on WhatsApp following the successful implementation of Finacle Conversational Banking, Finacle Remote Banker, and Finacle Mobile Teller solutions.

Dr. Reddys Lab Share Price

1307.55 -2.95 (-0.23%)

07-May-2026 09:43 View Price Chart

Peers

Company Name	CMP
Sun Pharma Inds.	1836.95
Dr. Reddys Lab	1307.55
Cipla	1371.00
Zydus Lifesciences	942.15
Lupin	2475.40
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