Warren Remedies Pvt Ltd commences commercial production of Pharmaceutical Intermediates

Warren Remedies Private Limited, a Wholly Owned Subsidiary of Indoco Remedies Limited has commenced its commercial production on March 24, 2024 from its Greenfield manufacturing facility located at Aurangabad, Maharashtra to manufacture Pharmaceutical Intermediates and Active Pharmaceutical Ingredients (APIs).

Commenting on this occasion, Ms. Aditi Panandikar, Managing Director-Indoco Remedies Ltd. said, "It gives us immense pleasure to announce that Warren Remedies Private Limited, Wholly Owned Subsidiary of Indoco Remedies has commenced its commercial production of Pharmaceutical Intermediates to cater to the needs of its customers. The said manufacturing facility will provide us requisite capabilities and edge in meeting demand of APIs."

Shares of Indoco Remedies Limited was last trading in BSE at Rs. 335.35 as compared to the previous close of Rs. 336.40. The total number of shares traded during the day was 3970 in over 293 trades.

The stock hit an intraday high of Rs. 339.25 and intraday low of 333.00. The net turnover during the day was Rs. 1334194.00.

Source : Equity Bulls

Keywords

IndocoRemedies INE873D01024 WarrenRemedies CommercialProduction GreenfieldManufacturingFacility Aurangabad