GODAVARI DRUGS Share price

GODAVARI DRUGS LIMITED was incorporated as a private limited company on December 2nd 1987 and subsequently converted into a public limited company on September 25th 1992. It was promoted by Mr. Ghanshyam Jaju Mr. Mukund Kakani and Mr. P.C. Shrimal. The company has set up a project to manufacture 180 TPA at SULPHAMETHOXAZOLE (SMX) in 1988. The project is located at Maharashtra Industrial Development Corporation (MIDC) Nanded a notified class ''C'' backward district in Maharashtra. The project was fully commissioned on July 3rd 1989.MAIN OBJECTS OF THE COMPANY:The main objects at the Company as detailed in the Memorandum at Association of the Company are:1. To manufacture refine purchase sell prepare import export all classes and kinds of drugs including pharmaceutical preparations and formulations fine organics and inorganic chemicals raw materials and intermediates for drugs.2. To manufacture and/or deal in all types at drugs chemicals pharmaceuticals and intermediates on loan licence basis. 3. To undertake promote encourage initiate assist and engage in all kinds of research and development work and to set up laboratories and other facilities required for the same to render such assistance monetary or otherwise as may be required for the purpose.