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Unichem Laboratories informs about sale of land and building

01 Mar 2025 Evaluate

Unichem Laboratories has informed that the Board of Directors at its meeting held today, March 1, 2025, approved sale of land admeasuring approx. 3.40 acres and old construction area of approx. 82,220 sq. ft. situated at Prabhat Estate, off S.V. Road, Jogeshwari (West), Mumbai 400 102 (‘Property’) subject to necessary legal due diligence and requisite regulatory approvals. No business operations of the Company were carried out on this property which is going to be sold. This property was earlier used as Registered Office of the Company which had been shifted to Kandivli (West), Mumbai. This property sale would not have any impact on the business operations of the Company. Further the sale of this Property does not constitute as an undertaking or substantially the whole of the undertaking of the Company in terms of section 180(1)(a) of the Companies Act, 2013. The meeting of the Board commenced at 11.30 am and concluded at 12.30 pm. The aforesaid information will also be made available on Company’s website: www.unichemlabs.com.

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

Unichem Lab Share Price

372.80 -11.95 (-3.11%)
24-Apr-2026 10:07 View Price Chart
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