Biocon may gain after receiving EU GMP certification

Biocon has received the EU GMP certification for its Sterile Drug Product manufacturing facility in Bangalore, which was inspected by the European agencies in March 2018. This facility is used for the manufacture of Biocon's portfolio of biosimilars. The announcement was made after market hours yesterday, 4 July 2018.

Reliance Industries (RIL) will hold its annual general meeting today, 5 July 2018 at 11:00 IST at Mumbai.

VA Tech Wabag announced that the meeting of the Board of Directors of the company is scheduled to be held on 9 July 2018, consider and approve the fund raising proposal. The announcement was made after market hours yesterday, 4 July 2018.

KOOV, the leading e-commerce fashion business, announced that it has reached a conditional agreement with Future Lifestyle Fashions (FLFL), to subscribe for up to a 29.9% stake in Koovs. The announcement was made after market hours yesterday, 4 July 2018.

Som Distilleries & Breweries Odisha, subsidiary company of Som Distilleries & Breweries has acquired a Brewery unit in Odisha. The facility is expected to be operational in the next 3-4 months. The unit has been acquired at a cost of Rs 46 crore. The capacity of the unit is 42 lakh cases per annum. The company expects additional expenditure of Rs 25-30 crores on the upgradation of the manufacturing asset. The announcement was made after market hours yesterday, 4 July 2018.

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