Kerala Ayurveda Pharmacy Ltd was originally incorporated as a
proprietary concern in the year 1945 at Alwaye, 20 Kms from Cochin in
the State of Kerala. The founder late Shri K G K panicker was a
renowned Ayurveda Acharya and had graduated from the Trivandrum
Ayurveda College as Vaidya Kalanidhi. He pioneered the concept of
treatment in Ayurveda and set up clinics within the State of Kerala.
he was actively involved in social and cultural activities also. The
Proprietary concern was converted into a partnership firm of the
family members of the Founder, in the year 1977.
A Private Limited Company by name KERALA PHARMACY PRIVATE LIMITED was
incorporated on 15/02/1991 vide Certificate of Registration No
09-05968, issued by the Registrar of Companies, Kerala, which took
over the assets and liabilities of the partnership concern on
Another Private Limited Company, by name Pensem Drugs and
Pharmaceutical (P) Ltd. was promoted by the same promoters and the
Company was registered vide Certificate of Registration No. 09 - 2941
dated 14/12/1979 issued by the Registrar of Companies, Kerala. The
Company had, as it's main objective, manufacture and marketing of
Drugs, formulations and medicines.
The above two Companies constituting the Kerala Pharmacy Group has
been engaged in the business of manufacturing and marketing of
Ayurvedic medicines; operating a chain of ayurvedic clinics in all
important towns in Kerala and neighboring States. Ayurvedic clinics
were also set up in
the Metropolis of Bombay, Madras and Bangalore. All these Clinics
are known as Kerala Ayurveda Pharmacy Ltd. since they are attached to
distribution network of the Company at these centres. An integrated
full fledged ayurvedic clinic by name AMRUTHAM was set up at Alwaye
in the year 1989 to extend a wide range of treatment including
in-patient treatments uniaque to Ayurveda.
On 6th July 1992, a Public Limited Company was incorporated under the
name and style PENSEM AYURVEDA PHARMACEUTICALS LTD. with the main
object of manufacturing, formulating, blending, preparing,
processing, purchasing, exporting, importing, selling, and dealing in
Ayurvedic medicines, Pharmaceutical preparations, formulations,
compounds, essences, extracts, tinctures, tablets and capsules. The
Company was registered vide Certificate of Registration No 09-06592,
dated 6/07/1992 issued by the Registrar of Companies, Kerala. The
Company obtained Certigicate of Commencement of Business on
The name of the Company was subsequently changed to KERALA AYURVEDA
PHARMACY LTD. (KAPL) with effect from 25.11.1992 and Company obtained
fresh certificate consequent to change of name vide certificate dated
25/11/1992 issued by the Registrar of Companies, Kerala. It was then
decided to amalgamate two of the group companies viz. KERALA PHARMACY
(P) LTC. AND PENSEM DRUGS & PHARMACEUTICALS(P) LTD. into the new
company, Kerala Ayurveda Pharmacy Limited. A scheme of amalgamation
was submitted to the Hon'ble High court of Kerala and the scheme was
approved by the Hon'ble Court vide order dated 15.11.1993 and the
amalgamation was given effect from 22.2.1994.
MAIN OBJECTS OF THE COMPANY
* To carry on the business of manufacturing, formulating, blending,
preparing, processing, purchasing, exporting, importing, selling,
dealing in Ayurveda Medicines, Pharmaceutical Preparations,
formulations, derivatives, compounds, essences, extracts, tinctures
tablets and capsules.
OTHER MAJOR OBJECTS OF THE COMPNAY ARE:
* To carry on the business of establishing, conducting and managing
Hospitals, Health Resorts, Clinics, Nursing Homes, Mobile
Dispensaries, Family Welfare Centres, Maternity and Child Welfare
* To carry on the business of establishing, running and managing
scientific, clinical and fundamental Research Centres for the
advancement, progress and efficacy of the Ayurveda systems and other
* To carry on the business of organising, establishing and managing
Herbarium and medicinal gardens growing medicinal and aromatic plants
and to procure, extract, process, prepare, purchase, export, imprt,
sell and deal in Ayurveda Medicinal plants, roots, stems, leaves,
flowers, seeds, nuts, and fruits of medicinal value.
* To establish, carry on and manage Educational Institutions for
Scientific and Medical studies and research, and institutions for
Nursery, Midwifery and Para Medical and Laboratory Courses and for
conducting short term and long term courses in Ayurveda, Yoga and
systems of medicines.
* To propagate and develop Ayurveda and other Traditional systems of
medicines and medical treatments.
-Kerala Ayurvedic Pharmacy to set up ayurvedic treatment centres in
all most all the Indian metros.
-Ayurvedagram Heritage Wellness Centre Pvt Ltd (AHWC) has been hived
off as a separate business entity with its own capitalisation of
about Rs 3 crore.
- Kerala Ayurveda Pharmacy Ltd has informed that the Company has
entered into an MOU with Pacific Healthcare Holdings to establish
Joint Venture as a 51% subsidiary of the Company.
- Company name has been changed from Kerala Ayurveda Pharmacy Ltd to
Kerala Ayurveda Ltd.
-Ayurvedagram Heritage Wellness Centre Pvt Ltd, one of Company's
subsidiary companies won the award of Integrated Wellness Service
Provider Company of the year 2010
-Banaras Hindu University ('BHU') enters into collaboration with
Kerala Ayurveda Ltd under Public-Private Partnership ('PPP') Model.
-Tata Global Beverages Ltd & Kerala Ayurveda Limited sign MOU to form
a Joint Venture for Product Development
-Ayurvedagram Heritage Wellness Centre wins best Wellness services
provider Company of the year award for the second year in a row
-AyurvedaGram wins Prestigious Award