Updates on Outcome of AGM
Abbott India Ltd has submitted to BSE a copy of the minutes of the proceedings of the 72nd Annual General Meeting of the Company held on July 18, 2016.12-08-2016
12-08-2016
Suicide at Abbott exposes sales pressure in India's $15 bn pharmaceutical market
MUMBAI: Trouble is brewing at Abbott, India's second-largest drug maker by market share, following an alleged suicide last week by a medical representative in Indore purportedly under pressure to achieve periodic sales targets. Abbott has strongly refuted any role in the employee's death, noting that the deceased was rated among the top performers and had recently qualified for a training certification meant for high performers. Ashish Awasthi, who was 35, was found dead on a railway track last week. A note recovered from him blamed the company for his death. The incident sparked unrest among Abbott's local field representatives, who have staged a series of demonstrations, demanding adequate compensation for the dead employee's family and better service conditions for field representatives. Members of the union of medical representatives have written to the company's top executives in India and its headquarters in Chicago, highlighting, what they termed, continuous pressure, mental harassment on sales promotion employees and punitive action against field-level staff. Manish Thacker, secretary of the Indore unit of Madhya Pradesh-Chhattisgarh Medical & Sales Representatives Union, told ET that Abbott is indulging in unethical trade and marketing practices and forcing its sales promotion employees to involve in unethical businesses. In a memorandum to the company, the union, which is affiliated to the Federation of Medical and Sales Representatives' Associations of India, demanded action against the managers responsible for Awasthi's death, adequate compensation to the bereaved family and suitable steps to prevent such incidences in the future. The union pleaded for the formation of a grievance redressal forum....25-07-2016
Updates on Disclosure of Voting results of AGM (Regulation 44(3) of SEBI (LODR) Regulations, 2015)
Abbott India Ltd has informed BSE regarding the details of Voting results at the 72nd Annual General Meeting (AGM) of the Company held on July 18, 2016, under Regulation 44(3) of SEBI (LODR) Regulations, 2015.19-07-2016
Updates on Outcome of AGM
Abbott India Ltd has submitted to BSE a copy of Proceedings of the 72nd Annual General Meeting (AGM) of the Company held on July 18, 2016.19-07-2016
Disclosure of Voting results of AGM (Regulation 44(3) of SEBI (LODR) Regulations, 2015)
Abbott India Ltd has informed BSE regarding the details of Voting results at the 72nd Annual General Meeting (AGM) of the Company held on July 18, 2016, under Regulation 44(3) of SEBI (LODR) Regulations, 2015.19-07-2016
Shareholding for the Period Ended June 30, 2016
Abbott India Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30, 2016. For more details, kindly Click here13-07-2016
Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015 for Quarter ended June 30, 2016
Abbott India Ltd has informed BSE regarding Quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended June 30, 2016, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.13-07-2016
1mg Technologies acquires diagnostic labs aggregator Medd
1mg has also roped in Ankur Gigras, a former marketing head for gastroenterology at healthcare firm Abbott India, to oversee the diagnostics business05-07-2016
AGM on July 18, 2016
Abbott India Ltd has informed BSE that the 72nd Annual General Meeting (AGM) of the Company will be held on July 18, 2016.22-06-2016
Newspaper publication regarding appointment of Registrar and Share Transfer Agent
Abbott India Ltd has submitted to BSE a copy of the newspaper cuttings informing Shareholders of the Company regarding the appointment of Karvy Computershare Private Limited as its new Registrar and Share Transfer Agent effective June 01, 2016 published in newspapers on June 01, 2016.01-06-2016