Syncom Formulations (India) Limited Acquires Commercial Property from HDFC Bank Ltd for ₹57,26,00,000
Syncom Formulations (India) Limited disclosed on 4th May, 2026, the acquisition of the entire 7th Floor, Trade Star, Andheri-Kurla Road, Andheri (E), Mumbai-400059 from HDFC Bank Ltd. The total consideration paid for the property stands at ₹57,26,00,000 (Rupees Fifty-Seven Crore Twenty Six Lacs Only), representing full and final payment. The disclosure was made under Regulation 30 of SEBI (LODR) Regulations, 2015, and has been classified as a material development by the company.

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Syncom Formulations (India) Limited has informed the stock exchanges of a material acquisition under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with the SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026. The disclosure was filed on 4th May, 2026 and pertains to the successful purchase of a commercial property from HDFC Bank Ltd.
Acquisition of Commercial Property
Syncom Formulations (India) Limited has completed the acquisition of the entire 7th Floor at Trade Star, Andheri-Kurla Road, Andheri (E), Mumbai-400059. The company's bid for this commercial property was accepted by HDFC Bank Ltd, and the transaction has been concluded with the payment of the full and final consideration.
The key details of the acquisition are summarised below:
| Parameter: | Details |
|---|---|
| Property Acquired: | Entire 7th Floor, Trade Star |
| Location: | Andheri-Kurla Road, Andheri (E), Mumbai - 400059 |
| Seller: | HDFC Bank Ltd |
| Total Consideration: | ₹57,26,00,000 (Rupees Fifty-Seven Crore Twenty Six Lacs Only) |
| Disclosure Date: | 4th May, 2026 |
| Regulatory Framework: | Regulation 30 of SEBI (LODR) Regulations, 2015 |
Regulatory Disclosure
The acquisition has been classified as material in nature by the company and has been disclosed to BSE Limited and the National Stock Exchange of India Limited in compliance with applicable SEBI regulations. The disclosure was signed by CS Vaishali Agrawal, Company Secretary and Compliance Officer of Syncom Formulations (India) Limited, on 4th May, 2026.
Syncom Formulations (India) Limited is a WHO-GMP and ISO 9001:2015 certified company with its registered office at 7, Niraj Industrial Estate, Off Mahakali Caves Road, Andheri (East), Mumbai - 400 093, and its corporate office at 207, Saket Nagar, Indore - 452 018.
Historical Stock Returns for Syncom Formulations
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.42% | +3.38% | +27.26% | -12.21% | -12.48% | +77.53% |
How will Syncom Formulations utilize the newly acquired Mumbai office space, and could this signal a strategic shift toward expanding its corporate presence in a major financial hub?
What impact will the ₹57.26 crore capital outlay have on Syncom Formulations' balance sheet, liquidity position, and future capital expenditure plans?
Could this property acquisition near Andheri-Kurla Road's business district indicate plans for partnerships, collaborations, or talent acquisition in Mumbai's pharmaceutical ecosystem?


































