Image Source : PharmaCompass.com
Gujarat Terce Laboratories Ltd has proposed the sale of its manufacturing unit located in Chhatral, Gandhinagar, Gujarat, as part of a broader asset optimization strategy. The move signals a shift in operational priorities and capital deployment.
Key Highlights:
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- The factory, situated at Ravi Estate in Bileshwarpura, spans a WHO-GMP compliant facility specializing in chemical formulations and cephalosporin antibiotics.
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- The sale is expected to unlock capital for reinvestment into high-margin therapeutic segments and digital transformation initiatives.
Strategic Context:
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- The company aims to consolidate manufacturing operations and focus on newer product lines with higher scalability.
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- The decision aligns with Gujarat Terce’s long-term vision to enhance shareholder value through lean manufacturing and asset-light expansion.
Operational Impact:
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- No disruption is expected in supply continuity, as production will be absorbed by alternate facilities.
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- The company will retain its registered office in Gandhinagar and corporate headquarters in Ahmedabad.
Sources: ZaubaCorp, Gujarat Terce Website, Moneycontrol, Economic Times.
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