Zandu Balm Market

Company History - Zandu Realty |

YEAR EVENTS 1919 - The Company was incorporated in December, at Mumbai. The Company Manufactures Ayurvedic and Allopathi preparations, including biological products. The Company products are sold under the trade name ZANDU. 1947 - 5,000 Right Preference shares issued at par in proportion 1:3. 1969 - 2,500 Bonus Right Equity shares issued at par in the prop. 1:6. 1971 - 2,500 Right Equity shares issued at par in the prop. 1:7. 1972 - 2,500 Right Equity shares issued at par in the prop. 1.8. 1974 - 2,500 Right Equity shares issued at par in the prop. 1.9. 1975 - 10,000 Bonus Equity shares issued in prop. 2:5. 1983 - The Company achieved commercial cultivation of glycirrhiza roots at Anand. - 5,000-7 1/2% Pref. shares cancelled against the issue of bonds as 29.9.1983. 1985 - 21,000 Bonus shares issued in prop. 3:5. 1993 - 28,000 Bonus shares issued in prop. 1:2 on 12th January, 1990. Another 84,000 bonus shares issued in proportion 1:1 on 10.12.1991. 1994 - 1,68,000 bonus shares issued in prop. 1:1. 1995 - The Company has set up a new manufacturing unit at Piparia (Dadra & Nagar Haveli), another unit at Medak in Hyderabad. 1996 - The Company was planning to set up a new manufacturing unit at Masat (Silvassa) to meet the increasing demand for its products. - The Company undertook to set up jointly with Gujarat Agro Industries Corporation a vegetable plant extraction project for the manufacture of glycirrhiza. 1997 - New products introduced were Gulbahar, Trishun Rub, Almalio and honey. - 67,200 bonus shares issued in prop. 1:5. - Credit Analysis & Research Ltd (CARE) has assigned a PRI+(PR one plus) rating to the Commercial Paper programme of Zandu Pharmaceutical Works Limited (Zandu) for Rs 60mn. This rating indicates superior capacity for repayment of...