Kilitch Drugs expands manufacturing facility at Khopoli; stock gains

4 Mar 2022 , 12:15 PM

Kilitch Drugs (India) Limited has purchased land, admeasuring approximately 15 Acres, at Village Maldev, Taluka: Pen, on Pen- Khopoli Highway to establish a green field pharma complex. Kilitch has been one of the prominent manufacturer for Injectables from more than 30 years.

The time is ripe to get into the league of Biotech products to spur the growth. We plan to setup 4-6 manufacturing units in different therapeutics categories to cater to the growing demands Nationally and Internationally, company said in a filing on Thursday.

All these manufacturing units will be built in line with our growth potential in Export Market. The project envisaged is futuristic and shall have maximum recognition of the world’s leading regulatory authorities.

At around 12.19 pm, Kilitch Drugs (India) Ltd. was trading at Rs177.50 per piece up by Rs1.5 or 0.85% from its previous closing of Rs176 per piece on the BSE.