Indoco Remedies Goa facility secures EU GMP certification

1 min read     Updated on 27 Jun 2026, 08:07 AM
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Indoco Remedies has secured EU GMP certification for its Goa Plant I (Solid Oral Dosage Form) from the Malta Medicines Authority after an inspection held from November 19 to November 24, 2025. The certification confirms compliance with Good Manufacturing Practice requirements under the EC Directive. Managing Director Aditi Panandikar highlighted that this approval reinforces the company's commitment to delivering high-quality healthcare globally.

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Indoco Remedies has received EU GMP certification for its Goa manufacturing facility from the Malta Medicines Authority, confirming compliance with Good Manufacturing Practice requirements under the EC Directive. The certification follows an inspection of the solid oral dosage form plant (Plant I) conducted from November 19 to November 24, 2025. This approval enables the company to reinforce its commitment to delivering high-quality healthcare products to global markets.

The disclosure was made to the National Stock Exchange of India and Bombay Stock Exchange under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The inspection focused on the company's manufacturing capabilities and quality systems at the Goa unit.

Certification Details

The key details of the EU GMP certification are outlined below:

Detail Information
Facility Goa Plant I (Solid Oral Dosage Form)
Inspection Dates November 19, 2025 to November 24, 2025
Certifying Authority Malta Medicines Authority
Certification Standard EU GMP (EC Directive)

Management Commentary

Aditi Panandikar, Managing Director of Indoco Remedies, stated that compliance is a core value driving the company's quality systems. She emphasized that the approval reinforces the organization's commitment to delivering the highest quality healthcare to customers worldwide. The company operates 10 manufacturing facilities, including six for finished dosage forms and four for active pharmaceutical ingredients, supported by a research and development centre.

Historical Stock Returns for Indoco Remedies

1 Day5 Days1 Month6 Months1 Year5 Years
-2.36%+0.16%+16.34%-1.30%-18.72%-41.77%

Which specific markets within the EU does Indoco Remedies plan to target immediately following this certification?

What is the projected revenue contribution from the Goa facility to the company's overall exports in the next fiscal year?

Does the company plan to seek similar EU GMP certifications for its other manufacturing facilities in the near future?

Indoco Remedies Intimates Demise of Non-Executive Director Dr. Anand Nadkarni

1 min read     Updated on 19 May 2026, 12:46 PM
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Indoco Remedies Limited formally intimated stock exchanges of the demise of Non-Executive Director Dr. Anand Nadkarni (DIN: 06881461) on 15th May, 2026, in compliance with SEBI Regulation 30. The filing was made by Company Secretary Ramanathan Hariharan, referencing SEBI Master Circular dated 30th January, 2026. The company expressed profound grief, calling his sudden passing an irreparable loss, and conveyed condolences to his family.

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Indoco Remedies Limited has formally intimated the stock exchanges regarding the demise of Dr. Anand Nadkarni (DIN: 06881461), Non-Executive Director of the Company, on Friday, 15th May, 2026. The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was communicated to both the National Stock Exchange of India Limited and the Bombay Stock Exchange Limited.

Regulatory Disclosure Under SEBI Regulation 30

The intimation was filed by Ramanathan Hariharan, Company Secretary & Head Legal of Indoco Remedies, on 15th May, 2026. The filing references SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026, under which the requisite details of the cessation have been disclosed as Annexure A.

The following details have been provided as required under the applicable regulatory framework:

Parameter: Details
Name: Dr. Anand Nadkarni (DIN: 06881461)
Reason for Change: Demise
Date of Cessation: 15th May, 2026
Brief Profile (Appointment): Not Applicable
Disclosure of Relationships: Not Applicable

Company Pays Tribute

Indoco Remedies expressed profound grief over the sudden and unexpected passing of Dr. Anand Nadkarni. The Company noted that his association as a Non-Executive Director had immensely benefitted the organisation, and described his loss as irreparable. All directors and employees of the Company conveyed deep sympathy, sorrow, and condolences to his family.

Historical Stock Returns for Indoco Remedies

1 Day5 Days1 Month6 Months1 Year5 Years
-2.36%+0.16%+16.34%-1.30%-18.72%-41.77%

Who is likely to be appointed as the replacement Non-Executive Director at Indoco Remedies, and what expertise profile will the board seek to fill the gap left by Dr. Nadkarni?

How might the vacancy on Indoco Remedies' board affect its corporate governance ratings and investor confidence in the near term?

What impact could the board-level change have on Indoco Remedies' ongoing strategic initiatives, regulatory approvals, or key committee decisions?

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