Zim Laboratories announced that it has received approval from the Central Drugs Standard Control Organization (CDSCO) for its novel fixed-dose combination (FDC) of Naproxen Delayed Release and Esomeprazole capsules (375 mg/500 mg + 20 mg/20 mg).
The allotment has been made in the ratio of 187 fully paid-up equity shares of PPL of Rs.10/- each for every 100 fully paid-up equity shares of Mangalore Chemicals & Fertilizers (MCFL) of Rs.10/- each in lieu of 3,49,91,362 equity shares of Rs.10/-