Kilitch Drugs India acquires 15 acres land in Khopoli

Kilitch Drugs India Limited has purchased a land, admeasuring approximately 15 Acres, at Village Maldev, Taluka: Pen, on Pen- Khopoli Highway to establish a green field pharma complex. Kilitch has been one of the prominent manufacturer for Injectables from more than 30 years. The time is ripe to get into the league of Biotech products to spur the growth. The company plans to setup 4-6 manufacturing units in different therapeutics categories to cater to the growing demands Nationally and Internationally.

All these manufacturing units will be built in line with our growth potential in Export Market. The project envisaged is futuristic and shall have maximum recognition of the world's leading regulatory authorities.

Shares of Kilitch Drugs (India) Limited was last trading in BSE at Rs. 171.95 as compared to the previous close of Rs. 168.50. The total number of shares traded during the day was 668 in over 10 trades.

The stock hit an intraday high of Rs. 176.00 and intraday low of 162.35. The net turnover during the day was Rs. 113943.00.

Source : Equity Bulls

Keywords

KilitchDrugsIndia INE729D01010 Pharmaceuticals LandAcquisition GreenFieldPharmaComplex Khopoli