Investment2 April 2026 at 07:35 am
Alkem Laboratories to Increase Investment for Manufacturing Facility in Ujjain
AI Summary
Alkem Laboratories Ltd has announced an increase in investment for setting up a greenfield formulations manufacturing facility in Ujjain, Madhya Pradesh. The company had previously approved an investment of up to INR 533 crores, which has now been increased to up to INR 1036 crores. This decision was approved by the Board of Directors on 2nd April, 2026.
Key Highlights
- Alkem Laboratories to increase investment for manufacturing facility in Ujjain from INR 533 crores to INR 1036 crores.
- The investment is for a greenfield formulations manufacturing facility in Ujjain, Madhya Pradesh.
- The decision was approved by the Board of Directors on 2nd April, 2026.
ALKEMPharmaceuticals
Alkem Laboratories LtdPrice Impact