Board approves manufacturing expansion, up to Rs 75 cr loan
ANUHPHR · price
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Anuh Pharma's board approved investing in new manufacturing assets to expand its production capacity. The board also cleared a proposal to raise a loan of up to Rs 75 crores to fund the purchase of these assets. Loan terms and applicable approvals are yet to be finalised. The move signals the company's plans to scale up its manufacturing footprint.
Growth-oriented capex; Rs 75 cr debt may pressure finances short term but could drive future revenue if expansion is executed well.