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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
2007

Raised US$75m through an FCCB issue

Acquires 100% in Natrol Inc in an all cash deal of USD 82 million

2008

Completes acquisition of Natrol and integration of its business along with Indian operations

Further expands reach in CIS through acquisition of 20% stake inTricon Holding

2009

Started distribution and marketing of Natrol’s brands in India

2010

UK MHRA and TGA-Australia approval for Kalaria plant