StockWatch
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Pharmaceuticals
Expansion14 Aug 2026, 01:56 pm

Alkem Labs Approves ₹75 Cr Expansion at Baddi Facility

AI Summary

Alkem Laboratories Ltd announced that its Board of Directors has approved the establishment of a new manufacturing block at its existing facility in Baddi, Himachal Pradesh. The company plans to invest up to INR 75 crores for this expansion. This move is expected to enhance Alkem's manufacturing capabilities and support its future growth strategies. Further details will be available on the company's website.

Key Highlights

  • Board approved new manufacturing block at Baddi facility.
  • Investment of up to ₹75 crores allocated for expansion.
  • Expansion aims to bolster manufacturing capacity.
  • Disclosure made as per SEBI LODR Regulations.