The land ad-measuring 4,317.5 sq meters in Oromia Special Zone in Ethiopia has been alloted to Kilitch Estro Biotech Plc, the company's subsidiary, by Bureau of Rural Land and Environmental Protection, Kilitch Drugs India said in a filing to BSE today.
The firm was selected amongst more than 80 companies who took part in the said process, it added.
Shares of Kilitch Drugs India today closed 19.94 per cent up at Rs 40.60 ascrip on BSE.
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