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Shilpa Medicare's Unit 1, Raichur API facility gets Russian GMP; Stock gains ~1%

18 Jul 2022 , 12:47 PM

Shilpa Medicare Limited’s API facility (unit-1) located at Raichur, Karnataka has received GMP certificate from MOH-Russia.

The facility was audited by the agency on February 17, 18 and 21, 2022.

The facility involves in manufacturing, testing, packing, storage of chemically synthesized nonsterile drug substances for human use, the company said in a regulatory filing.

At around 12:48 PM, Shilpa Medicare was  trading at Rs420.05 per share up by Rs3.7 or 0.89% from its previous closing of Rs416.35 per share on the BSE.

Related Tags

  • announcement
  • API facility
  • Shilpa Medicare Ltd
  • Shilpa Medicare Ltd shares
  • Shilpa Medicare Ltd stocks
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