iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Neuland Labs appoints Abhijit Majumdar as CFO

24 Nov 2022 , 11:00 AM

The appointment was based on the recommendation of the nomination and remuneration committee and the audit committee of the company. Further, the board also approved transferring the companys property situated at Nanakramguda, Hyderabad, admeasuring 1.75 lakh square foot (sq.ft), will be transfer by way of perpetual lease to various parties, for an overall consideration of Rs 117.96 crore. The transaction does not fall under the ambit of related party transactions, the company said. Neuland Laboratories is engaged in the business of manufacturing and selling of bulk drugs and caters to both domestic and international markets. On consolidated basis, the companys net profit surged 88.8% to Rs 38.46 crore on 13.9% rise in revenue from operations to Rs 293.71 crore in Q2 FY23 over Q2 FY22. The scrip was down 0.04% to Rs 1,786.05 on the BSE. Powered by Capital Market – Live News

Related Tags

  • capital market
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.