1987 - The Company was incorporated in 29th April as a Private
It was subsequently coverted into a Public Limited
Company on 1st November 1993.
- Hester Pharmaceuticals Limited is an existing porfit
amking company engaged in
the business of marketing and distribution of
veterinary and pharmaceutical products
viz, Animal Health prdoducts, Poultry Vaccines, Poultry
Diagnostic, Laboratory Kits
- HPL represents many international companies for
marketing veterinary products.
Some of these companies are GHEN CORPORATION, JAPAN for
animal and agro
based products, MARINE BIOLOGICAL LABORATORIES, USA for
IDEXX CORPORATION, USA for Laboratory Kits & Reagents,
DIAGNOSTIC SYSTEMS CORPORATION, USA for animal kits
for detection of drug
abuse, BIOGALGALTED LABORATORIES, ISRAEL for Poultry
Diagnostic Kits and
KEMIN EUROPA, BELGIUM for feed Additives and
- The Company has been promoted by Mr. Rajiv D. Gandhi,
his brother Mr. Sanjiv
D. Gandhi and Dr. Bhupendra V. Gandhi.
1994 - The company came out with a Public Issue of 21,40,000 No. of
equity shares of Rs. 10/-
each for cash at par aggregating, Rs. 214.00 lacs on the
17th August to part finance the
company's project to manufacture poultry vaccines, to
enlist the shares of the company
on the stock exchanges at Ahmedabad, Bombay and to meet
the expenses of the Issue.
1997 - The company has created an excellent manufacturing facility to
produce Animal Vaccines.
1999 - Mr. Vinod Agarwala, Director, resigned from the Board, due to
Mr. A.C. Patel was appointed as a Nominee Director of
Gujarat Industrial Investment
Corporation Limited in place of Mr. C.R. Damani. Mr.
Ravin Gandhi and Ms. Bela Gandhi
have been appointed as additional Directors in the
2000 - Ahmedabad-based Hester Pharmaceuticals Ltd. an Indo-american
company manufacturing the largest range of poultry
vaccines in India has entered
into a contract manufacturing agreement with the
Tokyo-based Sinsui Inc.
- delisted from Ahmedabad Stock Exchange wef October 15, 2004.
- Company name has been changed from Hester Pharmaceuticals Ltd to
Hester Biosciences Ltd.
-Hester Biosciences Ltd Issues Rights in the Ratio of 2:5
- Hester Biosciences Ltd has appointed Mr. Vishvesh Patel as a
Non-Executive Independent Director of the Company, w.e.f. May 23,
2010, by the Board of Directors of the Company in their meeting held
on May 23, 2010.
-Hester Biosciences has recommended a Dividend of Rs. 3.50 per equity
share of Rs. 10 each (35%)
-Hester entered into a Business Transfer Agreement (BTA) with Innoves
Animal Health Private Limited, a Delhi based company involved in the
marketing of Large Animal Health Products for the dairy
-Hester Biosciences has given the Bonus in the Ratio of 1:2