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BSE SENSEX
78,271.28
-312.53
-0.40 %
Corporate Announcement
Security Code
544222
Company
Akums Drugs and Pharmaceuticals Ltd
Exchange Received Time
24/12/2024 12:36:42
Exchange Disseminated Time
24/12/2024 12:36:42
Time Taken
00:00:00
Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements |
12/24/2024 12:36:42 PM
Akums has entered into an agreement with one of leading global pharma company ("Company") for manufacture and supply of selected pharmaceuticals formulations in European market. Akums Group will manufacture and supply multiple SKUs of oral liquid formulations to be marketed in multiple European countries by the company. Composite value of the contract is euro 200 million approximately. (INR 1760 crores approx.), within upfront payment of Euro 100 million (INR 880 crores).
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