Business Standard

Akums Drugs & Pharmaceuticals Ltd

BSE : 544222

NSE : AKUMS

Sector :Health care

ISIN Code : INE09XN01023

NSE

641.25
8.35 (1.32%)

03:48 PM,2nd Jan 2025
Open
635.85
High
645.50
Low
622.85

BSE

639.80
9.45 (1.50%)

04:01 PM,2nd Jan 2025
Open
633.55
High
645.00
Low
622.85

Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements

04:01 PM,2nd Jan 2025

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).