Investment6 Mar 2025, 11:09 pm
Laurus Labs to Invest INR 833 Million in Joint Venture KRKA Pharma
AI Summary
Laurus Labs Ltd. has approved an investment of INR 833,000,000/- in KRKA Pharma Private Limited, a joint venture of the company. The investment aims to acquire land and set up a manufacturing facility for finished products. This aligns with the company's strategic growth plans and long-term business objectives. The investment is expected to be completed by 31.03.2025.
Key Highlights
- Laurus Labs to invest INR 833 Million in KRKA Pharma, a joint venture.
- Investment aims to acquire land and set up a manufacturing facility for finished products.
- Investment aligns with the company's strategic growth plans and long-term business objectives.
- Expected completion of the investment by 31.03.2025.
- KRKA Pharma belongs to the pharmaceutical industry.