Alkem Lab: Co Secures 30-acre Land From Dmic Vikram Udyogpuri Limited In Ujjain || Board Approves ₹533 Cr Investment For Greenfield Formulations Facility

1 min read     Updated on 19 Mar 2026, 05:41 AM
scanx
Reviewed by
Radhika SScanX News Team
Overview

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.

35390376

*this image is generated using AI for illustrative purposes only.

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 Day5 Days1 Month6 Months1 Year5 Years
+2.96%-0.49%-3.52%-4.46%+4.84%+103.93%

Alkem Laboratories Receives EU GMP Certificate for Baddi Manufacturing Facility

1 min read     Updated on 16 Mar 2026, 05:39 AM
scanx
Reviewed by
Radhika SScanX News Team
Overview

Alkem Laboratories has obtained EU GMP certification for its Baddi manufacturing facility following a seven-day inspection by the German Health Authority. The certificate, valid for three years, enables the company to manufacture pharmaceutical products in compliance with European regulatory standards and opens opportunities for European market operations.

35030883

*this image is generated using AI for illustrative purposes only.

Alkem Laboratories has successfully obtained EU GMP certification for its manufacturing facility at Baddi, India, marking a significant regulatory achievement for the pharmaceutical company. The Certificate of GMP Compliance was issued by the Department of Pharmacy (Human Medicines) – Germany following a comprehensive inspection of the facility.

Inspection Details and Certificate Validity

The German Health Authority conducted the inspection from 4th November 2025 to 10th November 2025, spanning seven days of thorough evaluation. The resulting certificate demonstrates the facility's compliance with European Good Manufacturing Practice standards.

Parameter: Details
Inspection Period: 4th November 2025 to 10th November 2025
Issuing Authority: Department of Pharmacy (Human Medicines) – Germany
Certificate Validity: 3 years from inspection date
Facility Location: Baddi, India

Regulatory Compliance and Disclosure

The company announced this development in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This follows an earlier intimation dated 10th November 2025 regarding the EU GMP inspection by the German Health Authority at the Baddi facility.

Strategic Significance

The EU GMP certificate enables Alkem Laboratories to manufacture pharmaceutical products at its Baddi facility in accordance with European regulatory standards. This certification is crucial for companies seeking to supply pharmaceutical products to European markets, as it demonstrates adherence to stringent quality and manufacturing standards.

The three-year validity period provides the company with a substantial timeframe to leverage this certification for its European market operations. The company has made the disclosure available on its website in accordance with regulatory requirements under Regulation 30(8) of the SEBI LODR Regulations.

Historical Stock Returns for Alkem Laboratories

1 Day5 Days1 Month6 Months1 Year5 Years
+2.96%-0.49%-3.52%-4.46%+4.84%+103.93%

More News on Alkem Laboratories

1 Year Returns:+4.84%