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Milestones

1963

Group Formed

1970

Establishment of the company’s first formulation plant, at Indore

1971-80

Establishment of a nationwide marketing & distribution network and introduction of branded formulations in various categories

1981-90

Formulation plant established at Manglia to manufacture a wide range of allopathic formulations

1991-00

Increased international marketing of Travisil, an internally developed herbal Cough & Cold product that has increasingly contributed to our total sales in the CIS market

Kalaria plant commissioned

2004-05

Boosted sales and marketing efforts in the CIS market through acquisition of stake in Rezlov, a marketing and distribution chain in the CIS

2006 Entered the capital markets through an IPO raising Rs1.1bn
2010

UK MHRA and TGA-Australia approval for Kalaria plant

2011-2014

Through the extensive R&D activity carried out by the company, there are 7 products that have been developed. The company in future plans to commercially exploit the opportunity arisen through the products developed.