DSIR recognition accorded to SMS Lifesciences India Ltd's in-house R&D unit

The Department of Scientific and Industrial Research (DSIR) of Government of Indio. Ministry of Science and Technology. New Delhi has accorded prestigious recognition to in-house Research and development (R&D) Unit(s) of the Company located at Plot no. C-23. Industrial Estate. Sanathnagar. Hyderabad, Telangana.

The aforesaid recognition will entitle R&D Unit of the Company to avail Customs / Central Excise duty exemption on the purchase / import of equipment. instruments. spares thereof. consumables etc. used for R&D activities. The said registration is valid upto March 31. 2023.

Shares of SMS Lifesciences India Ltd was last trading in BSE at Rs.569.45 as compared to the previous close of Rs. 571.75. The total number of shares traded during the day was 217 in over 31 trades.

The stock hit an intraday high of Rs. 570.5 and intraday low of 564. The net turnover during the day was Rs. 123330.

Source : Equity Bulls

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