ALPHA TRIBE

Coral Laboratories LtdImportant, 13-10-2025: Company Update

13-10-2025 | 03:52 pm

The company's Board has approved a major capacity expansion for ointment manufacturing at its Dehradun plant. This initiative will add 360,000 Kgs to the existing 180,000 Kgs, significantly boosting general pharmaceutical formulation production. The approximately 30 Cr investment will be funded via bank overdrafts and internal accruals, with completion expected within six months. This strategic expansion aims to satisfy captive demand, increase domestic and international sales, and ultimately fuel business growth, creating value for shareholders.

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