Business Update7 Mar 2024, 07:43 pm
Remedium Lifecare Ltd to Acquire Manufacturing Facility in Hyderabad
AI Summary
The company has proposed to acquire a manufacturing facility in Hyderabad, Telangana, for Rs. 38 crores, to branch into manufacturing of pharmaceutical intermediates. The acquisition is subject to satisfactory due diligence and is expected to be completed by 30th June 2024.,
Key Highlights
- Proposed acquisition of a manufacturing facility in Hyderabad
- Expansion into manufacturing of pharmaceutical intermediates
- Consideration of Rs. 38 crores
- Subject to satisfactory due diligence
- Expected completion by 30th June 2024