Piramal Pharma Sells Idle Unit

  Published 8 months ago

Piramal Pharma to sell its decommissioned Thane unit to Global Pharma for ₹8.5 crore; deal expected in 90 days.

  • A sale involves an unused unit contributing nothing to turnover or net worth in the last financial year.
  • Transaction structured via sale deed and definitive agreements; no operational impact expected post-sale.
  • Sale is part of routine asset optimization as the company focuses on core operations and efficiency improvements.

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