SHARON BIO-MEDICINE LTD. - Updates

Sharon Bio-Medicine Ltd has informed BSE that:<br/><br/>"Sharon has completed expansion in its 3 manufacturing facilities. The total investment in expansion has been incurred to the tune nearly Rs. 125 Crores. In Dehradun Formulation plant, the expanded expenditure has been app. Rs. 85/- Crores whereas capacity of the plant has been increased more than double. Similarly, other plants capacity has been added between 30% to 50%. The commercial production in Sharon two expanded plants at Taloja near Navi Mumbai have already been started and Dehradun Formulation expanded facility will start production from June, 2014."