Ipca Lab commissions new formulation mfg unit near Dehradun

Mumbai, May 5 (UNI) Ipca Laboratories Ltd today informed BSE that its new formulation (tablets and capsules) manufacturing unit near Dehradun in the state of Uttaranchal has been set up at a capital outlay of about Rs 16 crore has started commercial production from May 5 this year.

Further, the company informed that this manufacturing unit will mainly cater to the growing formulations requirement of the company's business.

This manufacturing unit will enjoy the fiscal benefits in the form of Central Excise exemption and Income Tax benefits under relevant Acts as applicable under Industrial policies of the Central and State government.

UNI SN KU VKG1705