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Elder Pharmaceuticals > Company History > Pharmaceuticals > Company History of Elder Pharmaceuticals - BSE: 532322, NSE: ELDERPHARM
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Elder Pharmaceuticals
BSE: 532322|NSE: ELDERPHARM|ISIN: INE975A01015|SECTOR: Pharmaceuticals
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Company History - Elder Pharmaceuticals
2003
 -Elder Pharmaceuticals Limited have forfeited 59750 equity shares of
 the company as the allotment money on those shares were not
 forthcoming from the respective shareholders inspite of final
 reminder for payment of allotment money was sent to them.
 
 -The out come of AGM
                 Decided to increase the authorized capital from from
 the existing Rs.12,00,00,000 (Rupees Twelve crores only) to
 Rs.15,00,00,000 (Rupees Fifteen crores only) by creation of 30,00,000
 (Thiry Lac) new equity shares of Rs.10/- each
                 Appointed the following Directors namely : 1)Mr.Vijay
 N.Paranjpe as Joint Managing Director 2)Mr.Peter Bibby, Mr.Adil
 S.Kajiji,Dr.S.Jayaram & Mr.Saleem Sherwani as Independent Directors.
 
 -Members have approved increase in authorised share capital from
 existing 120 million to Rs 150 million.
 
 2004
 
 -Elder Pharmaceuticals forges alliance with two Spanish companies -
 Ferrer SA and Covex SA - for marketing and manufacturing two products
 in the fast growing cerebro neuropsychiatry (CNS) segment
 
 -Enters into in-licensing agreements with two Japanese pharma
 companies- Tanabe Seiyaku and Fujisawa . Through these two
 agreements, the company procures exclusive marketing rights for two
 anti-hypertensive products in the Indian market
 
 -Ties up with Reliance Life Sciences (RLS) to source aloe vera
 extracts for skin-related products to be developed by the company
 
 - Joins hands with herbal beauty care specialist Shahnaz Husain for
 launch of Fair One, a fairness cream
 
 2005
 
 -Elder Pharmaceuticals has signed a strategic marketing alliance with
 the Swiss pharma major TRB Chemedica to introduce a new range of
 osteoarthritis and pain management drugs in India
 
 2006
 
 -Elder Pharmaceuticals signs agreement with Worlwide Media
 
 -Elder Pharma join hands with Swedish firm Sterisol AB 
 
 -Elder Pharma eyes at Italian generics mart
 
 
 2007
 
 -Elder Pharma ties up with Spanish co
 
 -Elder Pharma takes over Bulgarian co for Rs 28cr
 
 
 2009
 
 -MCA puts Elder Pharma under scanner.
 
 -Elder Pharmaceuticals Board recommends Dividend.
 
 
 2010
 
 -Elder Pharmaceuticals news item appearing in a leading newspaper
 titled Elder Pharma eyes Buyouts in Africa, Asia,
 
 -Elder Pharmaceiticals Ltd, one of the fastest growing pharmaceutical
 companies in India,
 Elder commences new manufactjring facility at Langa Road, Dehradun.
 
 -Elder Pharmaceuticals has extended its control over its Bulgarian
 acquisitions.
 
 -The Company holds a 61% stake in Elder Biomeda AD, Bulgaria through
 the Company's wholly owned subsidiary in Dubai. The Company has
 further informed that the stake has been increased to 92.2%.
 
 
 2011
 
 -Elder Pharmaceuticals said its shareholders have approved a final
 dividend of 30 per cent for the financial year ended March 31, 2011.
 
 -Drug firm Elder Pharmaceuticals will launch 12 new products this
 fiscal in the areas of gynecology, pain management and
 nutraceuticals.
 
 -According to the reports Elder pharma has got approval from the
 health ministry of Japan for setting up its active pharmaceutical
 ingredients (API) plant at Patalganga, Maharashtra.
 
 
 2012
 
 -Elder Pharma & Combe launch Vagisil range of feminine personal
 hygiene products in India 
 
 -Elder Pharmaceuticals signed an agreement with Russias Holding
 PharmaEco for bilateral co-operation in the healthcare sector.
 
 -Elder Pharma join hands with Swedish firm Sterisol AB
Source : Dion Global Solutions Limited
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