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Government Approves Four (4) Proposals of Foreign Direct Investment (FDI) Amounting to ₹ 384.45 Crore Approximately

Dated:- 9-11-2015 - Based on the recommendations of Foreign Investment Promotion Board(FIPB) in its Meeting held on 19.10.2015, the Government of India has approved four (04) proposals of Foreign Direct Investment (FDI) amounting to ₹ 384.45 crore. The following four (04) proposals have been approved:- No Item No Name of the applicant Gist of the proposal Sector FDI 1 1 Eucare Pharmaceuticals Private Limited Approval has been sought by Eucare Pharmaceuticals Private Limited, for foreign in .....

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ESOPs granted by Lupin prior to 11 June 2015 to the non-resident employees of Lupin or its subsidiaries/joint ventures, as the case may be, which stock options have not been exercised by the employees nor shares otherwise allotted against them by Lupin up to the said date and II. Issue of fresh ESOPs to non-resident employees of Lupin or its subsidiaries/joint ventures, as the case may be, by the Board of Lupin after 11 June 2015 Pharma ₹ 331.64 crore which includes ₹ 108.23 crore P .....

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e. Ltd., to invest in M/s Dia Rays Manufacturing LLP for 75% of their capital LLP 2 5 M/s RoltaMeprolightPvt Ltd Approval has been sought for acquisition of 49% in M/s RoltaMeprolight Pvt. Ltd by M/s Meprolight 1990 Ltd for an aggregate consideration of 126 cr. 51% would be held by M/s Rolta India Limited Defence 3 8 M/s Quantum Simulators Pvt Ltd Approval to set up a stimulator Manufacturing Company in India for various applications including military and commercial uses in technical collaborat .....

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