Hikal has concluded the process of sale of its land on which its former R&D center was situated at 32/1 Kalena Agrahara Village, Begur, Hobli, Bangalore South Taluk, Bangalore District admeasuring approximately 1.52 acres. The proceeds of the sale will be used towards the current operations of the company.
The company had consolidated its R&D operations at its main site in Pune in 2014 and had transferred all respective equipment and personnel to that site. This piece of land was lying vacant and had no ongoing operations for close to two years.
Hikal is engaged in R&D, manufacturing and marketing of fine chemicals for the Pharmaceutical and Agrochemical industries. It collaborates with innovator companies and offer solutions in Contract Research, Custom Synthesis and Custom Manufacturing. Its people have extensive expertise in multi-disciplinary project management.
| Company Name | CMP |
|---|---|
| Sun Pharma Inds. | 1675.20 |
| Dr. Reddys Lab | 1235.40 |
| Cipla | 1238.30 |
| Zydus Lifesciences | 942.55 |
| Lupin | 2324.25 |
| View more.. | |
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