Nureca Ltd receives approval for new manufacturing facility

Nureca Limited has received formal approval from the Government of Punjab, Department of Industries & Commerce (Invest Punjab), for the setting up of a new manufacturing facility in Village Sundra, Sub-Tehsil Zirakpur, District SAS Nagar, Punjab.

This unit will focus on the manufacturing of health and wellness equipment, further strengthening Nureca's domestic production capabilities and supporting our 'Make in India' initiative.

The project has been approved under the Industrial and Business Development Policy (IBDP) - 2022, and the Company is eligible for various incentives offered by State government under this policy.

This strategic expansion aligns with Nureca's commitment to innovation, operational excellence, and long-term value creation for stakeholders.

Shares of Nureca Limited was last trading in BSE at Rs. 247.45 as compared to the previous close of Rs. 235.70. The total number of shares traded during the day was 4 in over 2 trades.

The stock hit an intraday high of Rs. 247.45 and intraday low of 247.45. The net turnover during the day was Rs. 989.00.

Source : Equity Bulls

Keywords

Nureca INE0DSF01015 Approval NewManufacturingFacility Punjab