NSEAgreements28 Jul 2026 · 28 Jul 2026, 07:23 pm
Agreements
Ind-Swift Laboratories Limited · INDSWFTLAB
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Ind-Swift Laboratories Limited has entered into a Memorandum of Understanding (MOU) with Him Infratech Private Limited for the construction of a warehouse facility at its leasehold land in Punjab. The estimated contract cost is ₹40 Crore, and the warehouse is expected to improve operational efficiencies.
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Full Announcement
Execution of MOU for development of the Warehouse Facility of the Company
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INDSWFTLAB_28072026192324_Intimation_HIM_Infratech_Signed1.pdf
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Ref: ISLL:CH:2026 Date: 28th July, 2026
The President The Vice President,
Corporate Relationship Department Listing Compliance Department,
BSE Limited National Stock Exchange of India Limited,
Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor
25th Floor, Dalal Street, Plot No. C/2, G-Block,
Mumbai 400 001 Bandra Kurla Complex, Bandra (E),
Mumbai 400 051
BSE Scrip Code: 532305 NSE Symbol: INDSWFTLAB
SUB: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015
Ref: Execution of MOU for development of the Warehouse Facility of the Company
Dear Sir/Ma’am,
Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 ("SEBI Listing Regulations"), we wish to inform that the Company
has, on 28th July, 2026, entered into a MOU with M/s. Him Infratech Private Limited for construction
of a warehouse facility at the Company’s leasehold land situated at Village Jawaharpur, Derabassi,
Punjab, adjoining our existing manufacturing facility, Global Business Unit (GBU), at Village
Jawaharpur, Derabassi, Punjab.
The estimated contract cost towards construction of the warehouse facility is approximately ₹40 Crore
(Rupees Forty Crore only). The warehouse is expected to strengthen the Company's storage and
logistics infrastructure and improve operational efficiencies.
The details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-
POD2/I/3762/2026 dated January 30, 2026, is enclosed as Annexure A.
The above is for your information and record.
Thanking you,
For IND-SWIFT LABORATORIES LTD.
PARDEEP VERMA
VP-CORPORATE AFFAIRS &
COMPANY SECRETARY
Annexure A
S. No. Particulars Details
1. Name of the party with whom agreement is entered Him Infratech Private Limited, Chandigarh
(“hereinafter referred to as ‘the
Contractor’)
2. Purpose of entering into the agreement Company has entered into a MOU with the
Contractor with the Contractor to build a
centralised warehouse having a capacity of
11000 Pallets for storage of Raw Material,
Packing Material and Finished Goods
3. Size of Agreement ₹ 40 Crores
4. Shareholding, if any, in the entity with whom the NIL
agreement is executed
5. Significant terms of the agreement (in brief) Company has entered into MOU with the
Contractor to build a centralized
warehouse on the leased land (around 4.5
acres) in village Jawaharpur, Derabassi,
Punjab, having capacity of 11000 Pallets
for storage of Raw Material, Raw Material,
Packing Material and Finished Goods
within a period of next 300 days (excluding
exigencies)
6. Whether the said parties are related to promoter / NA
promoter group / group companies in any manner. If
yes, nature of relationship
7. Whether the transaction would fall within related party No, the transaction does not classify as
transactions? If yes, whether the same is done at related party transaction under the LODR
“arm’s length” for Ind Swift Laboratories Limited.
8. In case of issuance of shares to the parties, details of NA
issue price, class of shares issued.
9. In case of loan agreements, details thereof NA
10. Any other disclosures related to such agreements, viz., NA
details of nominee on the board of directors of the
listed entity, potential conflict of interest arising out of
such agreements, etc.
11. In case of termination or amendment of agreement, NA
listed entity shall disclose additional details to the
stock exchange(s):
i. Name of Parties to the agreement;
ii. Nature of the agreement
iii. Date of the execution of the agreement
iv. Details of amendment and impact thereof or
reasons of termination