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Auro Laboratories gets nod for capacity expansion

23 Aug 2023 Evaluate

Auro Laboratories has received approval for a capacity expansion in the existing unit of the Company. The proposed Capacity is expected to be added by March 31, 2024 and investment required for the said capacity expansion is around Rs 40 crore. Mode of Financing is Internal Accruals and Term Loan from Bank. The Board of Directors of the Company, at their meeting held on August 23, 2023, has approved the same. 

Auro Laboratories incorporated in 1989 is engaged in business of manufacturing active pharmaceutical ingredients (API's), intermediates and generic formulations. 


Peers
Company Name CMP
Sun Pharma. Inds. 1820.00
Dr. Reddys Labs. 1236.00
Cipla 1350.00
Lupin 2042.00
Zydus Lifesciences 1163.35
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