Glenmark Pharmaceuticals Limited issue closed yesterday

Glenmark Pharmaceuticals Limited Institutional qualified placement (Kyuaipi) issue closed yesterday. The company was opened on September 10 this issue and this is Kyuaipi through 187.12 million shares. Glenmark Pharma Bombay Stock Exchange (BSE) has informed that the release sent today face value of Rs 1 per share price of these shares at Rs 221 is being released. Company’s Board of Directors held on September 14, 2009 meeting approved the proposal to this effect. This, like almost 413.5 million rupees a Kyuaipi through Glenmark Pharma is Jutaye. Through the use of company capital has Kyuaipi Jutayi be borrowed to pay.

The company’s shares this morning at 11.15 in BSE’s strength with 1.95% at Rs 219.50. In morning trade on stocks of Glenmark Pharma 221.85 rupees and went down to Rs 214.95. In yesterday’s trading was closed at Rs 215.30.

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