Ipca Laboratories Limited — full event log
Every event we have on file across every reporting year. The Data-by-year tab summarises the top 10 per year; this page shows them all.
← back to Data by year2025· 31 events
Company has invested ₹161.06 crores in setting-up solar/wind renewable energy power plants at Solapur (Maharashtra), Patan (Gujarat), Khandwa (M.P.) and Athal (Silvassa) with total capacity of 36.57 MW till March 31, 2025. Includes 20 MW solar power plant at Khandwa, Madhya Pradesh feeding captive consumption. During FY24-25 these power plants generated 319.81 lac (31.98 million) kWh. Nearly 10% of Company's electricity requirement is supported by Company's own captive solar plants. Company also amended MoA to enable setting up of captive power generation projects from conventional and renewable energy sources.
sustainability_report p.14
Company has set a target of 20% reduction in carbon emissions (Scope 1 and 2) by 2030. Reported 5.57% reduction in Scope 1+2 vs previous year. No baseline year explicitly specified.
sustainability_report p.65
Target to dispose 35% of hazardous waste through co-processing by 2030. Achieved 19% in FY24-25.
sustainability_report p.65
Diversity target: 20% of women employees in offices by 2030. Achieved 20.21% in FY24-25 - target met.
sustainability_report p.65
Target for 100% of critical suppliers to be compliant with the Sustainable Procurement Policy by 2030. Self-Assessment Questionnaire floated to critical Raw Material and Packaging Material suppliers.
sustainability_report p.65
SGS India Private Limited provided reasonable assurance on BRSR Core indicators (9 ESG attributes) and limited assurance on remaining BRSR parameters for FY24-25. This is mandated under SEBI BRSR Core framework.
sustainability_report p.261
Company signed agreement to sell its formulations manufacturing facility at T-139, MIDC, Tarapur on slump sale basis for ₹36.90 crores. Assets reclassified as held for sale. Part of operational consolidation strategy to reduce manufacturing units.
sustainability_report p.22
Company is setting up new green field facilities: Drug Intermediates plant at Hingni Wardha (₹150 cr), formulations plant at Dewas (₹275 cr), Monoclonal Antibodies (mAbs) facility at Pithampur (₹250 cr), and liquid injectables/oral liquids at Pisgah Forest USA (USD 20m).
sustainability_report p.22
Special resolution proposed to amend Memorandum and Articles of Association to permit setting up of captive power generation projects including from renewable sources (solar, wind, geothermal, tidal) to enable grant of captive status for the existing 20 MW Khandwa solar plant in Madhya Pradesh.
sustainability_report p.6
Four API sites and two formulations sites are certified under ISO 45001. ISO 14001 environmental management standard adopted alongside cGMP. Subject to regular surveillance and re-certification audits by third party.
sustainability_report p.64
The Company has invested ₹161.06 crores in solar/wind renewable energy power plants at Solapur (Maharashtra), Patan (Gujarat), Khandwa (M.P.) and Athal (Silvassa) with total capacity of 36.57 MW. During FY24-25, these plants generated 319.81 lakh power units used for Company's manufacturing/R&D facilities. Approximately 10% of the Company's electricity requirement is supported by captive solar including a 20 MW solar plant at Khandwa, MP. Plans are underway via MOA amendment to expand captive power generation including solar, wind, hydro and geothermal sources. Renewable energy share improved from 8.05% in FY23-24 to 12.7% of total energy in FY24-25.
sustainability_report p.56
Implemented fuel switch from furnace oil to biomass pellets at Athal (annual reduction of 4,037 tCO2) and from Light Diesel Oil to natural gas at Piparia (275 tCO2/year). Strategy includes shifting to piped natural gas in place of furnace oil and to biomass/briquette fuel in place of coal across operations. Backward integration into napier grass cultivation for in-house pellet manufacturing supports biomass fuel sourcing.
sustainability_report p.83
Multiple energy conservation initiatives including improved chiller/brine plant efficiency, VFDs on higher HP pumps, LED lighting upgrade, replacement of old motors with energy-efficient ones, motion sensors, replacement of reciprocating air compressors with energy-efficient ones, replacement of manual fired boiler with Petcock fired boilers, compressed air leakage plugging, plate heat exchangers for hot water, thermo conductive liquid for chillers, switchover from WHAP to screw chillers, and RECO system on boilers saving 9-10% fuel.
sustainability_report p.56
Owned-and-operated renewable energy projects totalling 36.57 MW across Solapur, Patan, Khandwa and Athal supply roughly 10% of the Company's electricity needs. Plans to expand captive solar capacity following MOA amendment authorising power generation as a business activity.
sustainability_report p.56
ZLD mechanism implemented at 15 of 17 manufacturing plants using RO/MEE/ATFD/DAF/MVRE technologies. At 10 plants, ETP recycled water is used in utilities and STP treated water for gardening. Rain water harvesting and condensate recovery reduce freshwater demand. Reduces both water footprint and embedded energy of water treatment/discharge.
sustainability_report p.80
Self-Assessment Questionnaire floated to critical Raw Material (RM) and Packaging Material (PM) suppliers to evaluate compliance with the Sustainable Procurement Policy, with target of 100% critical supplier compliance by 2030. Signed acknowledgment copies of Supplier Code of Conduct being collected. About 29% of inputs sourced from MSMEs/small producers and 79% from within India, supporting localised low-emission supply chain.
sustainability_report p.86
Larger quantity of hazardous waste is sent to cement plants for co-processing (substitutes fossil fuel and raw materials in cement production), reducing both upstream and downstream emissions. Target to dispose 35% of hazardous waste through co-processing by 2030; current rate 19%. Plastic waste fully recycled (1,339 MT); e-waste and battery waste routed to authorised recyclers.
sustainability_report p.82
Company is rolling out Sustainable Procurement Policy with critical Raw Material (RM) and Packaging Material (PM) suppliers. Floated Self-Assessment Questionnaire (SAQ) and collecting signed Supplier Code of Conduct (SCOC) acknowledgments. Target: 100% of critical suppliers compliant with sustainable procurement policy by 2030. Currently assessing suppliers on business ethics, human rights, social impact, safety and environment.
sustainability_report p.65
Larger quantities of hazardous waste sent to cement plants for co-processing rather than landfill. Target of 35% hazardous waste through co-processing by 2030; currently at 19%. 6,940 tonnes co-processed in FY24-25 (up from 2,752 tonnes in FY23-24). E-waste sold to authorized vendors; plastic waste fully recycled in compliance with EPR.
sustainability_report p.82
Carbon Emission target: 20% reduction in carbon emissions by 2030 (scope 1 & 2). Progress this year: 5.57% reduction in Scope 1 and 2 emission compared to previous year.
sustainability_report p.65
35% of hazardous waste to be disposed through co-processing by 2030. Current progress: 19% disposed through co-processing.
sustainability_report p.65
Diversity target: 20% of women employees in our offices by 2030. Currently 20.21% in offices.
sustainability_report p.65
Multiple efficiency measures: LED lighting upgrade across manufacturing sites; energy-efficient AC motors replacing traditional ones; Variable Frequency Drives (VFDs) installed; optimised cooling tower operations with temperature controllers; installation of RECO system on Boiler with feedwater temperature increase from 40-50°C to 100-110°C achieving 9-10% fuel savings (~125 kg propane/day); use of eco-friendly low-GWP refrigerants in split AC units.
sustainability_report p.84
The Company does not currently disclose any carbon removals (DAC, BECCS, biochar, afforestation) or offset retirement programme. Mitigation strategy is focused on operational decarbonisation (renewable PPAs, fuel switching to biomass and natural gas, energy efficiency) rather than removals or offsets. Backward integration via napier grass cultivation for boiler pellet fuel is mentioned but classified as biomass fuel switching rather than as carbon removals.
sustainability_report p.83
Company acquired 100% of paid-up equity share capital of Unichem Laboratories Ltd, Ireland at valuation of ₹4 crores. Will act as front-end for European market.
sustainability_report p.21
Company signed agreement to sell its formulations manufacturing facility at T-139, MIDC, Tarapur on slump sale basis for ₹36.90 crores. Products to be manufactured at other facilities.
sustainability_report p.22
Received approval for voluntary closure of wholly owned subsidiary Ipca Pharmaceuticals Ltd SA de CV, Mexico which was not doing any business for several years.
sustainability_report p.21
Company amended Memorandum of Association to add objects relating to setting up captive power generation projects from conventional and renewable energy sources (solar, wind, hydro, tidal, geothermal).
sustainability_report p.4
SGS India Private Limited provided reasonable assurance for BRSR Core indicators and limited assurance for remaining BRSR parameters for FY2024-25.
sustainability_report p.261
Fuel switch to biomass at Athal: replaced furnace oil with biomass pallets, resulting in annual reduction of 4,037 tCO2. Fuel switch to natural gas at Piparia: transitioned from Light Diesel Oil (LDO) to natural gas, achieving annual reduction of 275 tCO2. Replacement of manual fired boiler by efficient Petcock fired boilers. Use of biomass briquette fuel in place of coal.
sustainability_report p.81
Implemented Zero Liquid Discharge (ZLD) mechanism at 15 of 17 manufacturing plants in India using RO, MEE, ATFD, DAF and MVRE technologies. ETP recycled water is used in utilities; STP treated water used for gardening. 10 plants have full ZLD; 5 plants have primary/secondary/tertiary treatment per PCB requirements; 2 plants send treated water to CETP.
sustainability_report p.80
2024· 2 events
On August 2, 2023, the Company acquired controlling stake in Unichem Laboratories Ltd. for ₹1,542.85 crores. Unichem became subsidiary along with its 6 wholly owned subsidiaries.
sustainability_report p.217
On August 2, 2023, the Company acquired 52.67% controlling stake in Unichem Laboratories Ltd. for ₹1,542.85 crores. Unichem became a subsidiary along with its 6 wholly-owned subsidiaries. This is a major acquisition affecting consolidated reporting boundary. Acquisition expenses of ₹39.04 crores charged as exceptional item in FY23-24.
sustainability_report p.217