Divi's Laboratories to expand capacity at an outlay of approx. Rs. 700 Cr

Divi's Laboratories to expand capacity at an outlay of approx. Rs. 700 Cr

By: IPP Bureau

Last updated : April 26, 2024 10:39 am



The proposed facility is expected to be operational around January, 2027


Divi's Laboratories Limited is in the process of entering into a long-term supply agreement with a customer and is planning for capacity addition at its manufacturing facility with an estimated investment between Rs. 650 crores to Rs. 700 crores, to be funded from internal accruals.

The proposed facility is expected to be operational around January, 2027.

Due to the confidentiality agreement signed with the customer, the company is not permitted to disclose any further quantitative details.

Divi's Laboratories Limited

First Published : April 26, 2024 12:00 am