Shares of Aarti Drugs closed 12% higher after receiving 'voluntary action indicated' tag from USFDA for its Tarapur facility
Clearance allows Aarti Drugs to export products such as Ciprofloxacin HCl API, Zolpidem Tartrate API, Raloxifene HCl API, Celecoxib API, and Niacin API to the US market
VAI classification indicates that objectionable conditions were found, but not severe enough to attract regulatory action
Shares of Aarti Drugs rose as much as 17.48% to Rs 497.6 apiece, closing 12.4% higher at Rs 475.90 apiece