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  • BSE Announcements

Adani Ports & Special Economic Zone Ltd

Adani Ports & Special Economic Zone announced that for the twelve-month period ended 31 March, 2020 achieved a throughput of 223 MMT across its nine operating ports in India thus registering seven percent cargo volume growth on year on year basis.
Apollo Tricoat Tubes Ltd

Apollo Tricoat Tubes announced that CRISIL has assigned the following ratings on debt instruments of the company -

Long term rating - CRISIL AA-
Short term rating - CRISIL A1+

AU Small Finance Bank Ltd

AU Small Finance Bank announced the cessation of Mannil Venugopalan (DIN: 00255575) as Part-Time Chairman (Independent Director) (Non-Executive) of the Bank on completion of his terms of appointment on 29 March 2020.

The Bank has already submitted application to RBI for approval of appointment of Raj Vikash Verma (DIN: 03546341) as Part-Time Chairman (Independent Director) (Non-Executive) of the Bank.

Aurobindo Pharma Ltd

Aurobindo Pharma announced the mutual agreement with Sandoz Inc to terminate the agreement to buy the Sandoz US generic oral solids and dermatology businesses from Sandoz Inc. This decision was taken as approval from the U.S. Federal Trade Commission for the transaction was not obtained within anticipated timelines.
Bajaj Auto Ltd

Bajaj Auto announced total sales stood at 2,42,575 units in March 2020 compared to 3,93,351 units in March 2091, recording a decline of 38%. Total sales in March 2020 included domestic sales of 1,16,541 units and exports of 1,26,034, lower by 55% and 6% respectively over March 2019. The company recorded a decline of 35% in sales of 2-wheelers and a decline of 55% in sales of commercial vehicles.

For FY 2020, the total sales were lower by 8% at 46,15,212 compared to 50,19,503 in FY 2019.

Bank of Baroda

Bank of Baroda announced the appointment of Ajay K. Khurana, as Executive Director of Bank with effect from 01 April 2020.
Cadila Healthcare Ltd

Zydus Cadila has received final approval from the USFDA to market Lamotrigine Extended-Release Tablets USP in the strengths of 25 mg, 50 mg, 100 mg, 200 mg, 250 mg, and 300 mg.

This medication is indicated for the treatment of certain types of seizures and will be manufactured at the group's manufacturing facility at SEZ, Ahmedabad.

The group now has 283 approvals and has so far filed over 386 ANDAs since the commencement of the filing process in FY 2003-04.

Castrol India Ltd

The Board of Castrol India has appointed Udayan Sen (DIN: 02083527) as a Non-Executive, Nominee Director on the Board of the Company with effect from 2 April 2020.
Cipla Ltd

Cipla announced the successful completion of Phase-3 clinical end-point study for fluticasone propionate and salmeterol inhalation powder (100/50 mcg).

Fluticasone propionate and salmeterol inhalation powder 100/50 mcg, 250/50 mcg and 500/50 mcg are generic versions of GSK's Advair Diskus®. The product is indicated to treat asthma in patients 4 years and older as a twice-daily prescription medicine and in long term to treat chronic obstructive pulmonary disease (COPD), including chronic bronchitis, emphysema, or both, for better breathing and fewer flare-ups.

The Phase-3 study, successfully completed in the first attempt, was conducted over a period of 15 months at over 100 sites in the US enrolling 1400 asthma patients. The study results demonstrate that Cipla's fluticasone propionate and salmeterol inhalation powder 100/50 mcg is therapeutically equivalent to Advair Diskus® 100/50mcg. The study demonstrated therapeutic equivalence by assessing the primary end points which is in accordance with regulatory recommendations and guidelines. There were no safety concerns identified during the trials.

Cummins India Ltd

Cummins India announced that as on 31 March 2020 does not have an outstanding long term borrowing of Rs. 100 crore (Rupees One Hundred Crores) or above, with original maturity of more than 1 (One) year and the Company has not obtained any Credit Rating. With a view to the same, the Company does not meet the criteria of 'Large Corporate' as specified in the clause 3.1 of the subjected SEBI Circular.
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