SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Alkem Laboratories informs about sale of St. Louis manufacturing facility

30 Dec 2023 Evaluate
Alkem Laboratories has informed that as part of the Company’s operational strategy, the operations of the Company carried out at the St. Louis manufacturing facility situated in USA owned by S&B Pharma LLC, a step-down subsidiary of the Company, (Facility) are closed. Accordingly, all rights, title and interest in the land, improvements and personal property with respect to the said Facility owned by S&B Pharma LLC, a step-down subsidiary of the Company in USA (Seller) are sold to New Mill Capital Holdings LLC (Buyer) pursuant to the ‘Purchase and Sale Agreement’ executed between the Buyer and Seller. The details as required under SEBI Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July, 2023 are enclosed as Annexure I.

The above information is a part of company’s filings submitted to BSE.

Alkem Laboratories Share Price

5405.20 50.00 (0.93%)
05-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Sun Pharma Inds. 1820.75
Dr. Reddys Lab 1270.95
Cipla 1333.55
Zydus Lifesciences 911.85
Lupin 2343.40
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×