Medicamen Organics Share price

Our Company was incorporated on March 15 1995 as ‘Panchdeep Pharmaceuticals Limited’ a public limited company under the Companies Act 1956 pursuant to a certificate of incorporation dated March 15 1995 issued by the Registrar of Companies National Capital Territory (NCT) of Delhi and Haryana. Our Company has received Certificate of Commencement of Business on March 15 1995 1995 issued by the Registrar of Companies National Capital Territory (NCT) of Delhi and Haryana. Subsequently pursuant to a resolution passed by the Board of Directors in their meeting held on July 31 1995 and by the Shareholders in their EGM held on October 14 1995 the name of our Company was changed to ‘Medicamen Organics Limited’ and a fresh certificate of incorporation dated November 14 1995 was issued by the Registrar of Companies Delhi and Haryana at Delhi. The corporate identification number of our Company is U74899DL1995PLC066416.Major Events and Milestones1995-Our Company was incorporated as a Public Limited company under the name “Panchdeep Pharmaceuticals Limited” and later the company has changed its name from “Panchdeep Pharmaceuticals Limited” to “Medicamen Organics Limited”.1996 -We started with trading of pharmaceuticals for supplies to various Government departments.1998-We took loan license with ‘M/s Rhydurg Pharmaceuticals’ a unit situated in Kundali across the border of Delhi and started getting product manufactured for our marketing.2007- We purchased a plot of land measuring 1200 square meter from SIDCUL Industrial Authority in Haridwar and started construction for our own pharma unit. The construction of three-storeyed building (including basement measuring 15000 sq. feet was completed and we got our own manufacturing license for tablets capsules oral liquids in form 25 and 28 and started our own production in the same year (UNIT-I)-We received WHO/GMP Certificate for Unit I which is valid till today-We applied for a license for manufacturing of food supplements like protein powders vitamin tablets and syrups etc. and got our first license-We received WHO/GMP Certificate for Unit I which is valid till today-We got an opportunity to purchase one readymade adjacent unit to shift our food production in a separate unit. We got our first license in this Unit and tied up with renowned Pharma company for one of their renowned products for manufacturing in our plant. This unit was termed as (UNIT-II)-We stopped production of general pharma products in Unit-I and converted it into a unit for exclusive production of Iron Tablets because of its huge world-wide demand. For this purpose we entered into a joint venture with one Denish Company and gave them authority for worldwide export of our Iron Products. The joint venture company in turn got 50% equity in our company. In the year 2017 we reconstructed Unit-II and created 20000 sq. feet area for production of tablets capsules oral liquids ointments and dry power veterinary medicines etc. and we got our first license for pharma in this unit.