Archive · 7 Sep 2026
Neuland Laboratories Approves ₹126 Crore Land Expansion Investment
Neuland Laboratories plans to buy land for growing its business.
The company approved spending ₹126 crore on this plan.
It will buy about 134 acres at Auro Industrial City.
The site is in Kakinada, Andhra Pradesh.
Neuland also has the first chance to buy another nearby 66-acre parcel.
If it buys that parcel, its total land there could reach about 200 acres.
The company says the land will support future expansion.
It will pay for the investment using money generated internally.
Neuland Laboratories approved a ₹126 crore capital expenditure plan.
The funds will acquire about 134 acres at Auro Industrial City.
The land is located in Kakinada, Andhra Pradesh.
The company may acquire an additional contiguous 66-acre parcel.
The investment will be funded through internal accruals for future expansion.
- Who
- Neuland Laboratories.
- What
- The company approved ₹126 crore to acquire land for future expansion.
- When
- The announcement was included among stocks to watch for September 8.
- Where
- Auro Industrial City in Kakinada, Andhra Pradesh.
- Why
- To support future expansion.
- Company
- Neuland Laboratories
- Approved expenditure
- ₹126 crore
- Initial land acquisition
- Approximately 134 acres
- Location
- Auro Industrial City, Kakinada, Andhra Pradesh
- Additional purchase option
- Right of first refusal for a contiguous 66-acre parcel
- Potential total landholding
- Approximately 200 acres
- Funding source
- Internal accruals