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ICICI Securities Limited
The USFDA has communicated to Divi's Laboratories its intention to lift the import alert '99-32'' imposed on unit-II (that includes EOU, SEZ and DSN SEZ) of the Vizag API plant. USFDA had inspected this plant between November 29 and December 6, 2016 and issued a Form 483 to the unit with five observations. Subsequently, an import alert was issued to the products manufactured at unit-II under clauses 66-40 and 99-32, with an exemption for 12 products (10 products initially exempted and then two added later on), followed by a warning letter to the plant in May 2017....
Number of FII/FPI investors increased from 826 to 922 in Mar 2025 qtr.
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