DSIJ Mindshare

Wockhardt Limited has set-up its first facility in the Middle East for manufacturing of NCEs (New Chemical Entities). It will cater to the global markets through its Dubai arm of its subsidiary Wockhardt Bio AG.

Samsung Engineering Co. Ltd. has given approval to Cords Cable Industries Ltd. to be its pre-qualified supplier for international orders. This global level approval is for a period of five years starting from August 1, 2018.

Zydus Cadila has received final approval from the USFDA to market Spironolactone Tablets USP (US RLD - Aldactone Tablets). The strength of the said tablets is of 25 mg, 50 mg and 100 mg. The drug will be manufactured at the group’s manufacturing facility at Baddi.

TCNS Clothing Co. Ltd. is coming out with an IPO which will remain open for subscription from July 18 to July 20, 2018. The issue consists purely of Offer for Sale (OFS) worth Rs 1125.13 crore. Through this OFS, the company is offering 1,57,14,038 equity shares having face value of Rs 2 per share. The price band of the issue is Rs 714-716. The minimum lot size is 20 shares. Post allotment, the company will be listed on both BSE and NSE.

Larsen & Toubro Limited announced that its construction arm has won another set of orders worth Rs. 3,000 crore in Andhra Pradesh, on Friday. It is a prestigious EPC order received from the Andhra Pradesh Capital Region Development Authority (APCRDA).