Alkem Lab: Co Secures 30-acre Land From Dmic Vikram Udyogpuri Limited In Ujjain || Board Approves ₹533 Cr Investment For Greenfield Formulations Facility
Alkem Laboratories has achieved a major expansion milestone by securing 30 acres of land from DMIC Vikram Udyogpuri Limited in Ujjain, Madhya Pradesh, and obtaining board approval for up to ₹533 crore investment in a new greenfield formulations manufacturing facility. The strategic development will be implemented in phases to enhance the company's production capacity and strengthen its manufacturing footprint across India.

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Alkem laboratories has secured land allotment and board approval for a major manufacturing expansion in Madhya Pradesh. The pharmaceutical company received an official allotment letter on 18th March, while the Board of Directors has approved the substantial investment for the new formulations factory, marking a significant milestone in its growth strategy.
Land Acquisition Details
The company acquired 30 acres from DMIC Vikram Udyogpuri Limited for establishing its manufacturing presence in Ujjain. The strategic location offers advantages for distribution across central and western India.
| Parameter: | Details |
|---|---|
| Land Area: | 30 acres |
| Location: | Industrial Area DMIC Vikram Udyogpuri Limited, Phase-2, Ujjain |
| State: | Madhya Pradesh |
| Facility Type: | Greenfield formulations manufacturing facility |
| Allotment Date: | 18th March |
| Land Provider: | DMIC Vikram Udyogpuri Limited |
Board Approval and Investment Plan
The Board of Directors has approved a substantial investment of up to ₹533 crores for the Ujjain facility development. The company plans to implement the project through a structured approach to optimize resource utilization and operational efficiency.
| Investment Details: | Specifications |
|---|---|
| Total Investment: | Up to ₹533 crores |
| Implementation: | Phased manner |
| Approval Status: | Board approved |
| Investment Type: | Capital expenditure for manufacturing setup |
| Facility Purpose: | New formulations factory |
Strategic Significance
The Ujjain facility represents Alkem Laboratories' commitment to expanding its manufacturing footprint across India. The greenfield facility will enable the company to enhance production capacity for formulations, supporting its growth in the pharmaceutical sector. The phased investment approach allows for systematic development while maintaining financial discipline.
Regulatory Compliance
The disclosure was made pursuant to Regulation 30 of the SEBI LODR Regulations. The company has committed to making this information available on its website in accordance with regulatory requirements, ensuring transparency with stakeholders and maintaining compliance with listing obligations.
Historical Stock Returns for Alkem Laboratories
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.96% | -0.49% | -3.52% | -4.46% | +4.84% | +103.93% |


































