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Lyka Labs board to consider land sale on Sep 5; Stock marginally up

30 Aug 2022 , 10:17 AM

Lyka Labs Limited has informed to the exchanges that a meeting of the Board of Directors of the company is convened on Monday, September 5, 2022 though Video Conferencing and Other Audio Visual Means (VC/OAVM).

The meeting of Board of Directors is convened to consider and approve the sale of Land at Dharampur, Valsad and premises situated at Shivshakti Industrial Estate, Andheri East, the company said in a regulatory filing on Monday.

On Tuesday, at around 10:17 AM, Lyka Labs Ltd is currently trading at Rs148.50 per equity share up by Rs0.85 or 0.58% from its previous closing of Rs147.65 per equity share on the BSE.

Lyka Labs in an Indian-based company that is engaged in the business of pharmaceutical and related activities, including research work also. The Company is focused on the manufacturing of pharmaceutical formulations and active pharmaceutical ingredients (APIs) across various therapeutic segments.

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