Cipla in focus after tie-up with S&D Pharma

Cipla after market hours on Monday, 8 September 2014, announced the commercial collaboration with UK-based S&D Pharma in the Czech Republic and Slovakia. This collaboration will enable Cipla to focus on its core therapy areas, while S&D Pharma will be the key partner for generics, the company said. Under the collaboration, Cipla will be driving its respiratory product portfolio in both Czech Republic and Slovakia through a Cipla owned sales force team, managed by Cipla commercial head. S&D Pharma will physically distribute all products, including respiratory products, and this portfolio will increase over the next few years, Cipla said.

The National Stock Exchange (NSE) said it will introduce five companies in the future and option segment from Wednesday, 10 September 2014. SKS Microfinance, TVS Motor Company, Eicher Motors, Motherson Sumi Systems and Mindtree will become part of the NSE's derivative segment.

Aditya Birla Chemicals (India) said it has acquired Jayshree Chemicals' caustic soda business for Rs 212 crore. Jayshree's facility, located in the eastern Indian state of Odisha, has a capacity of about 57,000 tonnes per annum, Aditya Birla Chemicals said in a statement. Aditya Birla Chemicals (India) expects the acquisition to increase its total caustic soda capacity to about 355,000 tonnes per annum, and plans to fund the deal through internal accruals and debt.

Karnataka Bank said after market hours on Monday, 8 September 2014, that it has launched a pan India special campaign for its home and car loan schemes with attractive terms. The loans extended during the campaign period shall have the benefit of lower interest rates, longer loan period, lower EMIs, quick sanction etc.

Dynamatic Technologies said after market hours on Monday, 8 September 2014, that the Board of Directors of the company at its meetings held on 8 September 2014, have approved the issue of equity shares by way of qualified institutional placement (QIP) and / or preferential allotment (PA) and in this regard, have authorized Finance Committee of the Board to do all necessary, acts, deeds and things as may be required to give effect to the QIP / PA.

Gammon Infrastructure Projects said the qualified institutional placement (QIP) committee of directors approved the allotment of 20.41 crore equity shares to eligible qualified institutional buyers at the issue price of Rs 12.68 per equity share, aggregating to approximately Rs 258.89 crore.

GMR Infrastructure turns ex-dividend today, 9 September 2014, for dividend of Rs 0.10 per share for the financial year ended 31 March 2014 (FY 2014).

Pidilite Industries turns ex-dividend today, 9 September 2014, for dividend of Rs 2.70 per share for the financial year ended 31 March 2014 (FY 2014).

Kalyani Forge turns ex-dividend today, 9 September 2014, for final dividend of Rs 2.50 per share for the financial year ended 31 March 2014 (FY 2014).

Balmer Lawrie & Company turns ex-dividend today, 9 September 2014, for dividend of Rs 18 per share for the financial year ended 31 March 2014 (FY 2014).

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