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As on 19 Jun 2018 Your results on : BSE    

Cipla has received final approval for its Abbreviated New Drug Application (ANDA) for Efavirenz Tablets 600mg from the United States Food and Drug Administration (US FDA).

Cipla's Efavirenz Tablets 600mg is AB-rated generic therapeutic equivalent version of Bristol-Myers Squibb Pharma Company's, Sustiva®. It is indicated in combination with other antiretroviral agents for the treatment of human immunodeficiency virus type 1 infection in adults and in pediatric patients at least 3 months old and weighing at least 3.5 kg.

According to IQVIA (IMS Health), Sustiva® and its generic equivalents had US sales of approximately $105M for the 12-month period ending April 2018. The product is available for shipping immediately.

Goa Carbon

Goa Carbon announced that the issue with the contract workers at the Company''s Paradeep Unit at Vill. Udayabata, P.O. Paradeepgarh, Dist. Jagatsinghpur, Odisha has been resolved and the normalcy at the plant has been restored.

Further, the Company has decided to extend the plant shutdown for the regular maintenance work. The production at the said plant is expected to resume shortly.

Shilp Gravures

Shilp Gravures announced that the Annual General Meeting (AGM) of the company will be held on 14 July 2018.

Baid Leasing

Baid Leasing & Finance Company will hold a meeting of the Board of Directors of the Company on 20 June 2018.

Paras Petrofils

Paras Petrofils will hold a meeting of the Board of Directors of the Company on 19 June 2018.

Fredun Pharma

Fredun Pharmaceuticals announced that the Board of Directors of the Company at its meeting held on 18 June 2018, inter alia, have recommended the final dividend of Rs.0.60 per equity share (i.e.6%), subject to the approval of the shareholders.


The Board of ICICI Bank has decided to appoint Sandeep Bakhshi, as Wholetime Director & Chief Operating Officer designate, ICICI Bank. His appointment as COO will be for a period of five years, subject to regulatory approvals. He will take over as the COO from 19 June 2018, or on the date of regulatory and other approvals, whichever is later.

Bakhshi will be responsible for handling all the businesses and corporate centre functions at the Bank. All Executive Directors on the Board of ICICI Bank and the executive management will report to him. Bakhshi will report to Chanda Kochhar, who will continue in her role as MD & CEO of ICICI Bank.

In line with the highest levels of governance and corporate standards, Chanda Kochhar has decided to go on leave till the completion of the enquiry as announced on 30 May 2018. The Board has noted and accepted this. During her period of leave, the COO will report to the Board.

ICICI Bank Board also recommended to the Board of Directors of ICICI Prudential Life Insurance Company to appoint N. S. Kannan as the Managing Director & Chief Executive Office (CEO) of the company subject to regulatory and other approvals.

Dena Bank

Dena Bank announced that the board of directors will meet on 22 June 2018 to consider and approve, inter alia, the capital planning of the Bank for the FY 2018-19.

The Board may consider raising the fund through FPO / Rights Issue / Preferential Issue / Qualified Institutions Placement (QIP) / Employee Stock Purchase Scheme (ESPS), etc.

Axis Bank

Axis Bank has allotted 30,400 equity shares of Rs. 2/- each 18.06.2018, pursuant to exercise of options under its ESOP Scheme. The paid up share capital of the Bank will accordingly increase from Rs. 513,58,09,672 (256,79,04,836 equity shares of Rs. 2/- each) to Rs. 513,58,70,472 (256,79,35,236 equity shares of Rs. 2/- each).

DHP India

DHP India announced that the Annual General Meeting (AGM) of the company will be held on 24 September 2018.

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