Celestial Labs - Updates

Celestial Labs Ltd has informed BSE that the ICICI Bank Ltd, Hyderabad granted a Term Loan of Rs 50 Millions and Cash Credit of Rs 20 Millions on November 22, 2007 in addition to the Technical Development Board, Ministry of Science and Technology, Govt. of India and Punjab National Bank, Hyderabad terms loans. This will facilitate the Company's on going biotechnology / bioservice facility up gradation.