The Company was Incorporated on 2nd August 1989 as PANCHSHEEL ORGANIC PRIVATE LIMITED with th Registrar of Companies Madhya Pradesh at Gwalior. Subsequently the company was converted into a Public Limited Company by a special resolution passed at the Extra Ordinary General Meeting of the Company held on 1st May 1992. A certificate to that effect has been obtained on 23rd June''92. The name of the Company was changed to PANCHSHEEL ORGANICS LIMITED on 30th May 1995 and Fresh Certificate of Incorporation obtained from ROC Madhya Pradesh at Gwallor.The Company was promoted by Mr. Mahendra Turakhia and Mr. Kishore Turakhia with the main object to manufacture and deal in Bulk Drugs and Drug Intermediates etc. The company acquired land at Plot No. B-6 & B-7 Sector-C Industrial Area Sanwer Road Indore and commenced commercial production in May 1991 with the financial assistance of Rs. 55.00 lacs from Madhya Pradesh Financial Corporation.
| Name | Position |
|---|---|
| Mr. Mahendra A Turakhia | Chairman & Managing Director |
| Mr. Kishor A Turakhia | Executive Director |
| Mr. Rajesh Ahecchand Turakhia | Executive Director |
| Mr. Diwakar Mani Tripathi | Ind. Non-Executive Director |
| Mr. Shambhunath Chakravarti | Ind. Non-Executive Director |