Ind-Swift Laboratories Limited Signs MOU for ₹40 Crore Warehouse Facility Expansion
Ind-Swift Laboratories Limited has entered into a Memorandum of Understanding (MOU) with M/s. Him Infratech Private Limited. The agreement covers the construction of a centralized warehouse facility intended to strengthen the company's storage and logistics infrastructure.The MOU was signed on July 28, 2026, concerning the development of the warehouse at Ind-Swift’s leasehold land, which is adjacent to its existing manufacturing facility in Village Jawaharpur, Derabassi, Punjab.
The estimated contract cost for the construction of this new facility amounts to approximately ₹40 Crore (Rupees Forty Crore only). This expansion is set to significantly improve operational efficiencies for the company.
The warehouse project scope includes designing and building a structure with a capacity of 11,000 Pallets. It will be dedicated to storing Raw Material, Packing Material, and Finished Goods. The construction timeline is estimated at 300 days, excluding exigencies.
Key details regarding the partnership are summarized below:
| Particulars | Details |
|---|---|
| Contracting Party | Him Infratech Private Limited (Chandigarh) |
| Purpose of Agreement | Construction of a centralized warehouse facility |
| Total Contract Value | ₹40 Crores |
| Warehouse Capacity | 11,000 Pallets |
| Location and Land Size | Leasehold land in Village Jawaharpur, Derabassi, covering around 4.5 acres |
| Timeline | Within 300 days (excluding exigencies) |
The construction of this facility is expected to enhance the company's overall storage capabilities and logistics management system.
INDSWFTLAB Stock Price Movement
Shares of Ind-Swift Laboratories Limited slipped by 1.21% on a post-market close today, ultimately settling at ₹236.31. The stock traded a volume of 392,048 shares throughout the session, moving down from yesterday’s closing price.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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