Fermenta Biotech executes sale deed to sell premises at Thane

Fermenta Biotech has executed and registered a sale deed on May 15, 2023 to sell premises situated at the 4th floor in Thane One Building, DIL Complex, Ghodbunder Road, Majiwade, Thane (West) on the terms and conditions mentioned in the sale deed and as approved by the Board of Directors of the Company. Sale of the 4th floor in Thane One Building admeasuring 9,277 square feet carpet area, for a total consideration of Rs 14.02 crore.

Fermenta Biotech (formerly known as DIL) is engaged in the business of research support services through their subsidiary Research Support International (RSIL), manufacture and marketing of enzymes and chemicals through their subsidiary Fermenta Biotech (FBL).