Alkem Laboratories has announced an increase in its investment for a greenfield formulations manufacturing facility in Ujjain, Madhya Pradesh. The company has raised its investment from ₹533 crore to ₹1,036 crore, to be executed in a phased manner.
The decision to augment the investment was approved by the Board of Directors on 2nd April 2026. This development follows an earlier announcement made on 18th March 2026, where Alkem Laboratories had received an allotment letter from DMIC Vikram Udyogpuri Limited for approximately 30 acres of land in the Industrial Area DMIC Vikram Udyogpuri Limited, Phase–2, Ujjain.
The increased investment aims to bolster the company’s manufacturing capabilities in the region, aligning with its strategic growth plans. The facility is expected to enhance Alkem Laboratories’ production capacity and contribute to its long-term business objectives.
The company has assured that a copy of this disclosure will be made available on its website, adhering to Regulation 30(8) of the SEBI LODR Regulations.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).