Borosil Scientific is shifting its Ambad unit located at Nashik, Maharashtra to its own facility located at Bharuch in Gujarat. The unit is engaged in the manufacturing of pharmaceutical primary packaging such as Ampoules and Vials. The process of shifting is likely to be completed by end of March 2025. As it is merely shifting of operations from one location to another, there would be no impact on the turnover and net worth of the company. The company has received a notice from its landlord to vacate the said premises on or before April 1, 2025.
The shifting will lead to the consolidation and optimization of the company's operations related to the manufacturing of ampoules and vials.
Borosil Scientific is engaged in the business of manufacturing and trading of Scientific & Industrial Products (SIP) and manufacturing of Consumer Products (CP).
