Ipca Laboratories Ltd has approved the sale of its APIs and drug intermediates manufacturing unit in Ankleshwar to Suleshvari Pharma Pvt. Ltd. for Rs. 22.15 crores, with completion expected by December 31, 2025. This unit generated Rs. 50.24 crores in revenue in the last financial year, accounting for just 0.74% of the company's total income, and the sale is not expected to materially impact the company's business.