India s Nirma, known for its washing detergent, is seeking to expand into the pharma sector by becoming the leading contender to buy Glenmark Life Sciences. If successful, it will be Nirma s largest acquisition since buying LafargeHolcim s Indian cement assets for $1.4bn in 2016.
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According to the statement, total sales of Rs 14,953 crore were achieved during the reviewed quarter, which was a surge of 11 per cent over the previous quarter a year ago.
Together with the interim dividend of Rs 17 per share paid on November 21, 2022, the total dividend for the financial year ended March 31, 2023, amounts to Rs 39 per share.