Zandu shareholders approve merger with Emami

22 Sep 2009

Emami to merge Zandu’s FMCG business, hive off realty arm

20 Jun 2009

Kolkata-based Emami Ltd, which acquired a majority stake in Zandu Pharmaceutical Works in October 2008, has decided to merge the fast moving consumer goods business of Zandu into Emami.

Emami doubles offer price to Rs15,000 per Zandu share

15 Sep 2008

FMCG Major Emami Ltd today said it has revised the open offer price to Rs15,000 per share from Rs7,315 for purchasing a 20-per cent stake in Zandu Pharmaceutical.