ZENITH DRUGS Share price

Our Company was originally incorporated on November 15 2000 as a Private Limited Company in the name of “Zenith Drugs Private Limited” under the provisions of the Companies Act 1956 with the Registrar of Companies Madhya Pradesh Gwalior. Subsequently pursuant to a Special Resolution of our Shareholders passed in the Extra-Ordinary General Meeting held on September 05 2023 our Company was converted from a Private Limited Company to Public Limited Company and consequently the name of our Company was changed to ‘Zenith Drugs Limited’ and a Fresh Certificate of Incorporation consequent to Conversion was issued on September 13 2023 by the Registrar of Companies Gwalior.MAJOR EVENTS AND MILESTONES:2000-Incorporation of the Company.2001-Started as a manufacturing house for oral and external formulations.2004-Shifted to a Schedule M GMP compliant unit.-Started the production of two lines which are liquid orals and ointments.2007-Started manufacturing ORS Powder2016-Received WHO GMP certification2019-Turnover crossed 50 Crores.2020-Turnover crossed 75 Crores.2021-Certificate of Quality Management System ISO 9001:2015 issued by Global Grading Certification-Certificate of compliance with good manufacturing practices issued by Liberia Medicines and Health Products Regulatory Authority-Our Company received subsidy under Madhya Pradesh MSME Yojna i.e. MSME Promotion Scheme2019 as Industrial Development Grant upto 40% of the capital invested in machinery i.e. grant of ? 170.04 Lakhs2022-The Company was recognized as among top 10 MSME Pharmaceutical Manufacturers in Indore in Industry Outlook Magazine Edition.2023-Turnover crossed 100 Crores.-Collaborated with Mr. Kshatriya Valtaprasad Nandkishore for Carrying out the task of Marketing and Export of the products manufactured by Zenith.-Conversion of our Company from Private Limited Company to Public Limited Company.