GlaxoSmithKline Pharmaceuticals Ltd completes VRS in field sales and HO

GlaxoSmithKline Pharmaceuticals Limited has established an Omnichannel Team to expand its reach and coverage to the target segments by leveraging technology and improve productivity.

Continuing our focus on improving operating efficiencies, the Company has also completed the Voluntary Retirement Scheme (VRS) (for Commercial function employees in Field Sales and HO) and spent a sum of Rs. 156.57 crores as the one-off cost of the VRS.

Shares of GlaxoSmithKline Pharmaceuticals Limited was last trading in BSE at Rs. 1689.45 as compared to the previous close of Rs. 1685.90. The total number of shares traded during the day was 2526 in over 319 trades.

The stock hit an intraday high of Rs. 1714.90 and intraday low of 1682.20. The net turnover during the day was Rs. 4285440.00.

Source : Equity Bulls

Keywords

GlaxoSmithKlinePharmaceuticals INE159A01016 VRS