MoneyWorks4Me

Lyka Labs to sell manufacturing facilities of formulations in Maharashtra

15 Jul 2014 Evaluate

Lyka Labs has received an approval for sale of manufacturing facilities of formulations located at Tarapur in state of Maharashtra. The board of directors at its meeting held on July 14, 2014 has approved for the same. The board also approved to seek approval of shareholders through Postal Ballot for sale of manufacturing facilities.

Lyka Labs is engaged in the manufacture of pharmaceutical products. It also manufactures Veterinary products including injections, powders, creams and suspensions. The company offers various surgical disposables, such as syringes, surgical blades, cotton crepe bandage and first aid kits.

Peers
Company Name CMP
Sun Pharma. Inds. 1853.00
Dr. Reddys Labs. 1200.40
Cipla 1404.00
Lupin 2098.00
Zydus Lifesciences 1180.00
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