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Pharma Stock: Glenmark Life Sciences Limited has successfully completed the process of changing the name of the company. Now the new name of the company will be Alives Life Sciences Limited.
According to the exchange filing, the company had received approval for this name change from its board of directors and shareholders on 9 October 2024 and 27 November 2024.
Subsequently, on 17 December 2024, the Registrar of Companies of the Ministry of Corporate Affairs has approved this change. The company has also received a new Certificate of Incorporation after the name change. Now the company is in the process of submitting the necessary documents with the respective stock exchanges, so that all the rules can be ensured to be followed. Rise in the stock Today on Tuesday, the stock of the company registered a gain of 2.76 percent. The stock closed at 1016.10 with a gain of 27.30 points. If we look at the data of the company's returns, the stock has given a profit of 0.07 percent in 1 month, about 38 percent in 1 year and 69 percent in 3 years. So far the stock has registered a return of 3.60 percent in 14 days.
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