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STERLING BIOTECH
Sterling Biotech: SC orders release of Rs 5,100 crore to banksThe Supreme Court has ordered its registry to disburse ₹5,100 crore from former Sterling Biotech directors to banks proportionally within a...- Zydus Lifesciences acquires 50% stake in Sterling BiotechZydus Lifesciences entered a joint venture with Perfect Day by acquiring a 50% stake in Sterling Biotech. The collaboration aims to build a...
- Zydus Lifesciences to buy 50% stake in Sterling Biotech for Rs 550 croreSterling Biotech, a major pharmaceutical company with two manufacturing facilities in Gujarat, specializes in Gelatine, Di-Calcium Phosphat...
- Zydus Lifesciences to acquire 50 pc stake in Sterling Biotech from Perfect DayZydus Lifesciences announced an agreement with Perfect Day Inc to acquire a 50 per cent stake in Sterling Biotech. The partnership aims to ...
- NCLAT dismisses PNB's plea against sale of Sterling Biotech to US-based Perfect DayThe National Company Law Appellate Tribunal (NCLAT) has dismissed a plea from a UK-based subsidiary of Punjab National Bank against the app...
- US-based Perfect Day emerges successful bidder for the acquisition of Sterling BiotechThe California-headquartered Perfect Day Inc was the highest bidder at Rs 638 crore against the reserved price of Rs 548.46 crore. While Gu...
- Bankruptcy court temporarily stays auction of Gujarat-based Sterling BiotechGujarat-based Sterling Biotech is the world’s sixth-largest manufacturer of pharmaceutical gelatin and owes over Rs 8,100 crore to financia...
- US' Perfect, Belgian firm Tessenderlo among 5 in race to buy Sterling BiotechThe Sandesaras are said to have fled India and are believed to be in Africa. In June last year, the Enforcement Directorate had attached pr...
- Need ED's satisfaction over dues payments made by Sterling promoters: NCLATThe tribunal also said the promoters will have to settle their case with the creditors within a specified period.
- NCLAT stays eviction of Sterling Biotech from its premiseBesides, the appellate tribunal also said that "the Liquidator cannot sell the assets of the premises in question."
- Madison Pacific opposes withdrawal of Sterling Biotech bankruptcy caseThe NCLT bench presided over by VP Singh and Ravikumar Duraisamy also asked the bond holders of Madison Pacific Trust, who is opposing the ...
- Delhi court grants bail to Hemant Hathi in Rs 8,100-cr bank fraud case involving Sterling BiotechChartered accountant Hathi is one of the accused in the case along with SBL promoters
- Delhi court issues notices to Sterling Biotech owners in Rs 8,100-crore bank loan fraud caseOn October 23, the ED filed a supplementary chargesheet against seven persons in the court in the money laundering case.
- ED attaches Rs 4,700-crore assets in Sterling Biotech crackdownLast October, the CBI registered a criminal case against Sterling Biotech, its directors and a then director of Andhra Bank for allegedly c...
- Gujarat Maritime Board signs pact with Sterling Biotech and Sterling Port for developing port at DahejThe Gujarat Maritime Board has entered into a concessional agreement with city-based Sterling Biotech and Sterling Port.
- Sandesara Group restructures foreign debt of Sterling BiotechAs part of the restructuring plan, fresh zero coupon convertible bonds will be issued to replace existing bonds.
- State Bank of Mysore files criminal complaint against Sterling Biotech for 'repayment dafault'State Bank of Mysore has filed a criminal complaint against Sterling Biotech, and its six directors, for allegedly defaulting on repayments.
- Sterling Biotech promoters pledge 10.42 pc stakeSterling Biotech today said its promoters pledged 8.86 lakh shares of the firm on June 16, following which the total stake in the company p...
- Sterling Biotech Q4 net up 11.62 pc to Rs 52.51 crSterling Biotech today reported 11.62 per cent rise in net profit at Rs 52.51 crore for the quarter ended March, 2011, on higher income.
- Buy Sterling Biotech for target of Rs 130: India Capital MarketIndia Capital Market has advised traders to buy Sterling Biotech for target of Rs 130.
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