FilingReader Intelligence

Piramal Pharma sells decommissioned unit for Rs 8.5 crores

July 22, 2025 at 04:39 AM UTCBy FilingReader AI

Piramal Pharma Limited has sold its decommissioned unit at Thane West for approximately Rs 8.50 crores plus taxes to Global Pharma, after terminating a previous sale agreement due to unfulfilled conditions.

The company's board approved the new sale deed, with completion expected within 90 days. The unit contributed nothing to last year's financial performance, so the sale will not impact operations.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:PPLPHARMABombay Stock Exchange

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