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Divi's Laboratories planning for capacity addition at manufacturing facility
Apr-25-2024

Divi's Laboratories 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 crore to Rs 700 crore, 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 is one of the leading pharmaceutical companies in the world.

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