New Launch18 Aug 2025, 07:02 pm
Rossari Biotech Subsidiary Approves Purchase of Leasehold Land in Dahej, Gujarat
AI Summary
Rossari Biotech Ltd. announced that the Board of Directors of Unitop Chemicals Private Limited, a material subsidiary, approved the purchase of rights in leasehold land in Dahej, Gujarat, in Gujarat Industrial Development Corporation (GIDC) industrial estate. The purpose of this acquisition is to support future capacity expansion and operational synergies with the existing facility, thereby strengthening the company's long-term growth strategy. The transaction is subject to necessary approvals, consents, permissions from the concerned authorities.
Key Highlights
- Rossari Biotech's subsidiary, Unitop Chemicals Private Limited, approved the purchase of leasehold land in Dahej, Gujarat.
- The purpose of the acquisition is to support future capacity expansion and operational synergies.
- The transaction is subject to necessary approvals, consents, and permissions from the concerned authorities.
- The land measures approximately 12,600 square meters.
- The transaction is expected to strengthen Rossari Biotech's long-term growth strategy.