Joint Venture12 Mar 2026, 09:31 pm
Natural Biogenex Private Limited Enters Framework & Contract Manufacturing Agreements with Fermbox Bio Private Limited
AI Summary
Natural Biogenex Private Limited (NBPL), a Material Subsidiary of Natural Capsules Ltd, has entered into Framework & Contract Manufacturing agreements with Fermbox Bio Private Limited. The agreements allow Fermbox to use spare capacity of NBPL's fermentation plant and invest up to Rs. 60 Crores in plant and machinery. NBPL and Fermbox are not related to the promoter/promoter group/group companies of Natural Capsules Ltd. The transaction is done at arm's length.
Key Highlights
- Natural Biogenex Private Limited has entered into Framework & Contract Manufacturing agreements with Fermbox Bio Private Limited.
- Fermbox will be using spare capacity of Natural Biogenex's fermentation plant.
- Fermbox will invest an amount up to Rs. 60 Crores in plant and machinery owned by them and placed in Natural Biogenex's factory.
- Natural Biogenex and Fermbox are not related to the promoter/promoter group/group companies of Natural Capsules Ltd.
- The transaction is done at arm's length.