Indoco Remedies commissions new API manufacturing facility at Patalganga
This new cGMP compliant facility will enhance the existing manufacturing capacity from 150 tonnes to 600 tonnes p.a, the company said in the filing.
November 29, 2018 9:17 IST | India Infoline News Service
Indoco Remedies commissioned a new state-of-the-art API manufacturing facility at Patalganga. The announcement made after market hours.
This new cGMP compliant facility will enhance the existing manufacturing capacity from 150 tonnes to 600 tonnes p.a, the company said in the filing.
Major highlights of the facility include, solvent recovery system, automation, energy conservation and Zero Liquid Discharge Effluent Treatment facility. Emphasis on process safety and plant safety has been given by incorporating sophisticated safety devices, the filing added.
Indoco Remedies Ltd is currently trading at Rs 221 up by Rs 4.35 or 2.01% from its previous closing of Rs 216.65 on the BSE.
The scrip opened at Rs226.80 and has touched a high and low of Rs226.80 and Rs221 respectively.
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