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POWER OF ATTORNEY: CARE AND CUSTODY OF CHILD OR CHILDREN KNOW ALL MEN BY THESE PRESENTS: That the undersigned, parent(s) of the child(men) identified below, residing at hereby make, constitute and

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People Also Ask about

What happened to Ranbaxy Laboratories?

Ranbaxy Laboratories Limited was an Indian multinational pharmaceutical company that was incorporated in India in 1961 and remained an entity until 2014.

What was the Ranbaxy scandal?

In short, Ranbaxy had almost no method for confirming the content of drugs in those markets. For example, the data collected by Thakur's team showed that of the 163 drug products approved in Brazil since 2000, almost all had been filed with phony batch records and stability data that did not exist.

Why did Sun Pharma acquire Ranbaxy?

To increase presence in global and domestic markets, Sun Pharmaceutical Industries is buying Ranbaxy Laboratories in a shareswap deal. Ranbaxy shareholders will get four shares of Sun Pharma for every five shares held by them. The exchange ratio represents an implied value of Rs 457 for each Ranbaxy share.

What is the Sun Pharma Ranbaxy deal?

In April, 2014, Sun Pharma had announced it would acquire troubled rival Ranbaxy in an all-stock transaction worth $4-billion that includes $800 million debt. The merger would create India's largest and the world's fifth largest drugmaker.

Why Ranbaxy sold to Sun Pharma?

To increase presence in global and domestic markets, Sun Pharmaceutical Industries is buying Ranbaxy Laboratories in a shareswap deal. Ranbaxy shareholders will get four shares of Sun Pharma for every five shares held by them. The exchange ratio represents an implied value of Rs 457 for each Ranbaxy share.

What is the ratio of Ranbaxy to Sun Pharma?

Upon the amalgamation scheme becoming effective, Sun Pharma would allot shares to all the shareholders of Ranbaxy in the exchange ratio of “0.80 equity share of Re1 each of Sun Pharmaceutical Industries for every 1 equity share of Rs5 each held in Ranbaxy Laboratories Ltd," BSE said in its circular.

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What is sun ranbaxy?

Sun Ranbaxy refers to a strategic alliance or merger between Sun Pharmaceutical Industries Ltd and Ranbaxy Laboratories Ltd, aimed at enhancing their pharmaceutical offerings and market presence.

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