Vadodara (Gujarat) [India], October 11: BSE listed (524444), Evexia Lifecare Limited has received initial plant layout permission from FDA to setup Active Pharmaceutical Ingredient (API) manufacturing plant of Isometamidium (Isometa) in addition to the current ongoing commercial activity, mainly used for the rare diseases in cattle, buffalo, goat, dogs, etc. Very few companies are manufacturing the said API in India and worldwide. The Company has completed the application process for environment clearance with the concerned government authority and has procured all the required plant and machinery at the Vadodara plant location. Once the Company receives the Environment Clearance (EC) from the concerned Government Authorities, the installation and production work will commence.
Further, the Board of Directors of one of the subsidiary companies, namely Kavit Trading Private Limited, where Evexia holds 70% of the shareholding, has approved the business of direct buying of bullion from the Banks and selling in the market. The said subsidiary company has approached bankers for the opening of Bullion Accounts with them. This new business will boost the revenue of the said subsidiary company and consequently improve the Company’s consolidated financials.
Apart from the ISOMETA API product, Evexia Lifecare Limited is also planning to manufacture intermediate, mainly used for anti-diabetic and heart diseases, at Vadodara based plant location. The Research & Development (R & D) team is at the final stage of five more products that the Company may launch by November 2021.
The Company is at an advanced stage of acquiring Akola (Maharashtra) based existing plant of one of the manufacturers of ISOMETA API, which will increase production capacity and profitability.
The Company’s vision is to enter into formulation by January 2022, which will give a push to the Company’s growth for the long term. The R & D team has already started work for the formulation plant, looking into the opportunity and available market in India and across the globe.
The Company has started its new branch at Hyderabad location to trade pharmaceutical chemicals, and the same will likely contribute Rs. 25-30 Cr turnover per year.
For the above all expansion activities, the Company will manage the funds internally, and the board is not expecting any external borrowings.
26 thoughts on “Evexia Lifecare Ltd Plans Major Expansion; To Enter Into Bullion Trading”
Hi my loved one! I want to say that this article is awesome, nice written and come with almost all significant infos. I’d like to see more posts like this .
I’m still learning from you, but I’m trying to achieve my goals. I definitely love reading all that is posted on your blog.Keep the aarticles coming. I enjoyed it!
Nice post. I was checking continuously this blog and I am impressed! Very helpful information specifically the last part 🙂 I care for such information much. I was looking for this particular info for a long time. Thank you and good luck.
I view something truly interesting about your blog so I saved to my bookmarks.
I’m impressed, I must say. Really rarely do I encounter a blog that’s both educative and entertaining, and let me inform you, you may have hit the nail on the head. Your thought is excellent; the difficulty is one thing that not enough persons are speaking intelligently about. I am very blissful that I stumbled across this in my search for one thing relating to this.
Good blog! I truly love how it is easy on my eyes and the data are well written. I am wondering how I might be notified whenever a new post has been made. I have subscribed to your RSS feed which must do the trick! Have a great day!
Excellent website. A lot of useful information here. I am sending it to some friends ans also sharing in delicious. And certainly, thanks for your effort!
Good write-up, I am regular visitor of one?¦s blog, maintain up the excellent operate, and It’s going to be a regular visitor for a lengthy time.
Do you mind if I quote a few of your posts as long as I provide credit and sources back to your site? My blog site is in the exact same niche as yours and my users would genuinely benefit from some of the information you provide here. Please let me know if this alright with you. Appreciate it!
Can I just say what a relief to find someone who actually knows what theyre talking about on the internet. You definitely know how to bring an issue to light and make it important. More people need to read this and understand this side of the story. I cant believe youre not more popular because you definitely have the gift.
We stumbled over here different web address and thought I might check things out. I like what I see so now i am following you. Look forward to exploring your web page yet again.
I would like to thnkx for the efforts you have put in writing this web site. I am hoping the same high-grade site post from you in the upcoming as well. In fact your creative writing skills has encouraged me to get my own website now. Really the blogging is spreading its wings fast. Your write up is a great example of it.
I like this web site very much, Its a very nice situation to read and get information. “A fair exterior is a silent recommendation.” by Publilius Syrus.
I just couldn’t depart your web site before suggesting that I actually enjoyed the standard info a person provide for your visitors? Is going to be back often in order to check up on new posts
First of all, thank you for your post. bitcoincasino Your posts are neatly organized with the information I want, so there are plenty of resources to reference. I bookmark this site and will find your posts frequently in the future. Thanks again ^^
Hello there, I found your website via Google while searching for a related topic, your web site came up, it looks good. I’ve bookmarked it in my google bookmarks.
Heya i’m for the primary time here. I came across this board
and I in finding It really helpful & it helped me
out a lot. I am hoping to provide one thing again and help others such as you helped me.
There’s noticeably a bundle to learn about this. I assume you made sure nice factors in features also.
I have recently started a website, the info you offer on this web site has helped me greatly. Thanks for all of your time & work.
I just could not leave your website before suggesting that I really loved the usual info an individual provide to your guests? Is gonna be again frequently to inspect new posts.
I am glad to be one of several visitants on this great web site (:, regards for posting.
I am continually browsing online for ideas that can assist me. Thanks!
Outstanding post, I believe website owners should acquire a lot from this blog its very user pleasant.
Write more, thats all I have to say. Literally, it seems as though you relied on the video to make your point. You obviously know what youre talking about, why waste your intelligence on just posting videos to your blog when you could be giving us something enlightening to read?
Fantastic site. Plenty of useful info here. I am sending it to several pals ans additionally sharing in delicious. And naturally, thanks on your sweat!
What i do not realize is in fact how you’re not really much more smartly-appreciated than you may be right now. You are very intelligent. You recognize thus considerably on the subject of this topic, produced me for my part believe it from a lot of numerous angles. Its like women and men aren’t fascinated until it’s one thing to do with Lady gaga! Your individual stuffs outstanding. At all times take care of it up!