ANG Lifesciences India updates on acquisition of unit from Ind-Swift
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ANG Lifesciences India updates on acquisition of unit from Ind-Swift

This plant is located at Baddi, Himachal Pradesh spread over an area of 2.85 acres

  • By IPP Bureau | June 28, 2024

The unit-III of Ind-Swift Limited has now been legitimately registered in the name of ANG Lifesciences India Limited as Unit V. The total consideration amount is Rs. 47.70 crores which comprised the value of Land & Building, Plant & Machinery and all other fees & expenses i.e. GST, Registration, Stamp duty etc.

Further the company has arranged the above consideration amount (Rs. 47.70 crores) by its internal accrual without raising any debt or liability on it.

This plant is located at Baddi, Himachal Pradesh spread over an area of 2.85 acres having a state of the art facility for manufacturing formulations with integrated utilities.

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