Neuland Laboratories | The firm has approved a ₹126 crore capital expenditure to acquire around 134 acres of land at Auro Industrial City in Kakinada, Andhra Pradesh, for future expansion.
The company also has the right of first refusal to purchase an additional contiguous 66-acre parcel, potentially taking the total land holding at the location to around 200 acres.
The investment will be funded through internal accruals.
Neuland Laboratories | The firm has approved a ₹126 crore capital expenditure to acquire around 134 acres of land at Auro Industrial City in Kakinada, Andhra Pradesh, for future expansion. The company also has the right of first refusal to purchase an additional contiguous 66-acre parcel, potentially taking the total land holding at the location to around 200 acres. The investment will be funded through internal accruals.
