MoneyWorks4Me

Ami Organics gets nod to enhance capital expenditure for brownfield project

12 Dec 2024 Evaluate

Ami Organics has received approval from board of directors to enhance capital expenditure amounting upto total cost of Rs 177 crore for its brownfield project of electrolytes additives products at Jhagadia facility, owing to additional expenditure required for building dedicated ancillary infrastructures which includes transforming manual Operations to fully automised operations, building of dedicated utilities and storage & packaging facility.

Ami Organics is one of the leading research and development driven manufacturers of specialty chemicals. The company manufactures different types of Advanced Pharmaceutical Intermediates and Active Pharmaceutical ingredients (API) for New Chemical Entities, and material for agrochemicals and fine chemicals.

Peers
Company Name CMP
Sun Pharma. Inds. 1853.50
Dr. Reddys Labs. 1202.80
Cipla 1397.20
Lupin 2090.00
Zydus Lifesciences 1202.00
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