Indoco Remedies is acquiring land (which was previously held by the Company on leasehold rights) admeasuring 2,860.75 square meters
situated at Plot No.18/A of Mahal Industrial Estate, Village Mulgaon, Taluka Andheri, District Mumbai Suburban from an unrelated third-party seller Saldanha Realty and Infrastructure LLP for the expansion plans of the Company. Accordingly, the Company executed the Indenture of Conveyance for the purchase of the aforesaid land.
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