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TTK Healthcare
BSE: 507747|NSE: TTKHEALTH|ISIN: INE910C01018|SECTOR: Pharmaceuticals
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Company History - TTK Healthcare
The Company was incorporated on 21st May, 1958. In 1962,
 manufacture of ethical products commenced based on foreign
 know-how.  The company started with the manufacture of
 `Woodwords Gripe Water' in 1959.  In 1974, a basic chemicals
 Division was started with the object of synthesising
 pharmaceutical intermediate & chemicals. In 1975, the Indian
 Medicine Division was established for manufacturing herbal
 products. In 1982 an Animal welfare division was set up for
 manufacture of formulations for veternary use.  In 1985, company
 diversified into the manufacture of ready to cereal snack foods.
 The plant is located at Hosakote in Karnataka state and it is
 equipped to manufacture 10,000 metric tonnes per annum of cereal
 foods. The estimated cost of the project was Rs 363 lakhs. The
 merger of TTK chemicals Ltd with this company has been
 sanctioned by the High Courts of Madras and Andhra Pradesh with
 retrospective effect from 1st June, 1988.
 
 1995
 
 - TTK Pharma to make heart valves; tests successful.
 
 - TTK to market artificial heart valves.
 
 1996
 
 - TTK Pharma signs pact for European knowhow.
 
 - Chitra launches heart valve.
 
 1998
 
 - TTK Pharma launches Woodward's oral formula.
 
 - TTK Pharma launches diarrhoea formulation.
 
 2001
 
 - TTK Healthcare eyes buyers for Hyderabad bulk facility.
 
 - TTK Health signs MoU with Shri Chithra institute.
 
 - TTK pharma makes tilting-disc heart valve.
 
 2002
 
 - TTK Healthcare to allot shares to shareholders of TTK Medica.
 
 2003
 
 - High Court approves TTK Healthcare's Capital Restructuring Plan.
 
 - TTK Healthcare - VRS at the Company's Medical Devices Division.
 
 2006
 
 - Mr. R Srinivasan, a leading Management Consultant has joined the
 Board of the Company as Independent Director.
 
 - The Board has recommended a Dividend of Rs 2/- per Equity Share of
 Rs 10/- each.
 
 2007
 
 - Board has recommended a Dividend of Rs 2.50 per Equity Share of Rs
 10/- each,
 
 2008
 
 - Board has recommended a Dividend of Rs 3.00 per Equity Share of Rs
 10/- each.
 
 2009
 
 - TTK Healthcare - Acquisition of Orthopaedic Implants Business /
 Undertaking.
 
 2010
 
 - TTK Healthcare - TTK Forays into Ortho Segment with American
 Collaboration.
 
 - TTK Healthcare - TTK Forays into Ortho Segment with American
 Collaboration.
 
 - Board has recommended a Dividend of Rs. 3.50 per Equity Share of
 Rs. 10/- each.
 
 2011
 
 - Board has recommended a Dividend of Rs. 4.00 per Equity Shares of
 Rs. 10/- each.
 
 2012
 
 - The Board has recommended a Dividend of Rs. 4.00 per Equity Share
 of Rs. 10/- each.
 
 - TTK Healthcare starts production at Pellet manufacturing line at
 Hosakote factory.
Source : Dion Global Solutions Limited
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