YEAR                                                   EVENTS
 1987 - The Company  was incorporated in 29th April as a Private
 Limited Company.
               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
               and Reagents.
 
            -  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
 poultry vaccines,
               IDEXX CORPORATION, USA for Laboratory Kits & Reagents,
 INTERNATIONAL
               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
 Disinfectants.
 
            - 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
 personal reasons.  
              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
 Company.
 
 2000 - Ahmedabad-based Hester Pharmaceuticals Ltd. an Indo-american
 joint venture
             company manufacturing the largest range of poultry
 vaccines in India has entered
             into a contract manufacturing agreement with the
 Tokyo-based Sinsui Inc.
 
 2004
 
 - delisted from Ahmedabad Stock Exchange wef October 15, 2004.
 
 2008
 
 - Company name has been changed from Hester Pharmaceuticals Ltd to
 Hester Biosciences Ltd.
 
 -Hester Biosciences Ltd Issues Rights in the Ratio of 2:5
 
 2010
 
 - 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.
 
 2011
 
 -Hester Biosciences has recommended a Dividend of Rs. 3.50 per equity
 share of Rs. 10 each (35%) 
 
 2012
 
 -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