BSE Live
Aug 13, 16:01Prev. Close
15.70
Open Price
14.86
Bid Price (Qty.)
15.60 (10)
Offer Price (Qty.)
15.80 (200)
NSE Live
Aug 13, 15:46Prev. Close
15.76
Open Price
15.16
Bid Price (Qty.)
0.00 (0)
Offer Price (Qty.)
0.00 (0)
Ind-Swift Ltd. is an existing profit making, dividend paying company
engaged in fromulation of injectables and opthalmic products at
Panchkula, Dist. Ambala (Haryana). It was incorporated as a limited
company on 06.06.1986 and was granted certificate of commencement of
business on 15.12.1986. In July'89 the Company got its project for
manufacture of injectables and trading of pharmaceutical products
appraised from Haryana Financial Corporation (HFC) which was
implemented in December'90 for a total cost of 49.77 lakhs.
The company has been promoted by Shri Anil Kumar Jain, Shri Sanjiv
Rai Mehta, Dr. Gopal Munjal & Associates.
The company is expanding its activities by setting up facilities for
manufacture of formulation (tablets and capsules).
2000 - Ind Swift Ltd, a Chandigarh-based pharmaceutical company, has
set up a unique
R&D centre having facilities for bio-equivalence
studies, clinical trials for Ist, IInd
and IIIrd phase, and toxicologial studies.
2001 - The Company has launched two new divisions, Super Speciality
Division and Healthcare
Division. These divisions have launched 20 products in
the fastest growing segments
viz. Diabetology, Neurology, Cardiology, Anti-AIDS,
Anti-Viral, etc.
2002-Ind Swift Ltd has informed that it has restructured its Board by
inducting three professional Directors on its Board. The three new
Directors are Dr R S Bedi, Dr J K Kakkar & Mr K M S Nambiar. The
Company's Board is gradually shifting from a closely held Board to
professionally held Board.
2003
-High Court appoves the scheme of amalgamation of Swift Formulation
Pvt Ltd and Mukur Pharmaceutical Company Pvt Ltd with Ind Swift Ltd.
- Allottement of 1227375 equity shares to Promoters & other Bodies
corporates upon the conversion of their preference shares into equity
shares.
-Out come of board meeting
Issuance of GDRs aggregating upto US $ 20 million
Preferential issue of upto 1.6 million equity shares at a premium of
Rs 80 per share to the promoters as well as other investors
Issuance of 350000 zero coupon fully convertible warrants to the
promoters
Increase in Authorised share capital of the company from Rs 100
million to Rs 150 million
Delisting of equity shares from Ahmedabad, Delhi & Jaipur Stock
Exchanges
2004
- Allotment of 3,50,000 zero coupon warrants to the promoters of the
company convertible into
equity shares on or before March 31, 2004.
- Allotment of 12,50,000 zero coupon warrants to the bodies corporate
convertible into equity shares on or before March 31, 2004.
- Allotment of 3,50,000 zero coupon warrants to the promoters of the
company convertible into equity shares at any time within 18 months
but not before April 1, 2004.
- Ind Swift Ltd ties up with Lupin Ltd for a Co-marketing pact to
launch Nitazoxanide, an anti-diarrhoeal / anti-helmintic drug for the
first time in India under the brand name Netazox and Nizonide
respectively
-Ind-Swift Laboratories Ltd. has informed that their Company has been
awarded the achievement award for the Best Performing Company in
Category E by the Express Pharma Pulse for the year 2004
-Ind Swift Ltd has informed that the Company has launches a new
Marketing Division under the name 'Resurgence' for Anesthesiology,
Oncology and Surgery Segment
-Ind Swift launches Novel Drug Delivery of Nitazoxanide
-Company has splits its Face value of Shares from Rs 10 to Rs 2
2010
- Ind-Swift Limited has informed vide its letter dated March 23, 2010
that:Pursuant to the provisions of Section 260 of The Companies Act,
1956 and Articles of Association of the company, Mr. Rishav Mehta has
been appointed as Additional Director of the company.
- Ind-Swift Ltd has informed that pursuant to the provisions of
Section 260 of The
Companies Act, 1956 and Articles of Association
of the Company, Mr. Rishav Mehta has been appointed as Additional
Director of the Company.
2012
- ROCHE DIAGNOSTICS enters into agreement with ISL to expand TROP T
Rapid assay adoption in India.
- Ind-Swift in Collaboration with Wockhardt UK Limited Launches
Atorvastatin Tablets in UK.
- Ind Swift Labs today said it has bagged its first contract research
order from a European pharmaceutical firm.
2014
- Ind-Swift Ltd has appointed Mr. V. K. Arora as an Additional
Director (Non Executive, Non Promoter- independent) on the Board of
Directors of the Company.