Sanofi India has completed the sale of its commercial property, being land admeasuring 5493.1 square meters bearing Survey No. 54-A Hissa No. 2 and C.T.S. No. 18 of Village Chakala, Andheri (East), Mumbai along with the building known as ‘Aventis House’ on November 20, 2015, upon fulfillment of the conditions.
The company has received the entire sale consideration of Rs111.00 crore from the purchaser. The board of directors earlier at their meeting held on July 21, 2015 had approved for the same.
Sanofi, a global and diversified healthcare leader, discovers, develops and distributes therapeutic solutions focused on patients’ needs. Sanofi has core strengths in the field of healthcare with seven growth platforms: diabetes solutions, human vaccines, innovative drugs, rare diseases, consumer healthcare, emerging markets and animal health.