Hikal Share Price Gains Over 8%; Achieves Swissmedic GMP Certification for Bengaluru Facility

On October 30, 2026, Hikal Limited announced the receipt of a Certificate of GMP Compliance from Swissmedic for its active pharmaceutical ingredient manufacturing facility in Bengaluru, as per the exchange filings.
This certification aligns with the EU-Switzerland Mutual Recognition Agreement.
Swissmedic Certification for Bengaluru Facility
On October 30, 2026, Hikal Limited disclosed that its Bengaluru facility has been awarded a Certificate of GMP Compliance by Swissmedic, the Swiss Agency for Therapeutic Products.
This certification confirms the facility's adherence to stringent Good Manufacturing Practice standards, aligning with the Mutual Recognition Agreement between the European Union and Switzerland.
Enhancing Global Regulatory Compliance
The Swissmedic certification follows successful inspections by Brazil's ANVISA and Japan's PMDA, reinforcing the facility's standing with global regulatory bodies.
These achievements position Hikal to serve a broader international customer base and diversify its pharmaceutical business geographically.
Management's Perspective
Mr. Sameer Hiremath, Chairman and Managing Director, highlighted that the certification endorses Hikal's quality systems. He stressed that quality, compliance, and manufacturing excellence are foundational for long-term partnerships and expanding global business reach.
Corporate Background and Sustainability
Established in 1988, Hikal operates as a life sciences partner, manufacturing active ingredients, intermediates, and biocides. The company has 5 manufacturing facilities across Maharashtra, Gujarat, and Bengaluru, supported by a Research and Technology centre in Pune.
Hikal prioritises sustainability, holding a Responsible Care certification and an EcoVadis Gold Medal rating.
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Hikal Share Price Performance
As of October 30, 2026, at 10:04 AM, Hikal share price on NSE was trading at ₹221.07 up by 8.16% from the previous closing price.
Conclusion
Hikal Limited's Bengaluru facility has received Swissmedic GMP certification, confirming compliance with Good Manufacturing Practice standards. This certification, along with previous inspections by ANVISA and PMDA, enhances Hikal's global regulatory standing and expands its international market reach.
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Published on: Oct 30, 2026, 10:39 AM IST

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