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Albert David Ltd. Company History and Annual Growth Details

The company is engaged in the manufacture of bulk drugs. The company at present manufactures herbal drugs and hypodermic disposable syringes plans to launch the production of broad spectrum antibiotics Ciprofloxacin both in tablet and injection form. The Commonwealth of Independent States states that "For setting up a Joint Venture project for the manufacture of bulk drugs, the company is also tapping on expansion & diversification of its three Units at Calcutta, Ghaziabad and Mandideep in U.P. and proposes to send Rs.30 crores in the next 3 years on this expansion programme. The company has exported anti-biotics worth of Rs.3 crores to Srilanka, Nigeria and few European countries.

2005

- Albert David Limited has entered into an agreement with Japanese chemicals company Ajinomoto Co Inc. Ajinomoto, a leading global manufacturer of amino acids, will provide technical knowhow for developing amino acid based products and will also give Albert David the rights to sell Ajinomoto's products in India.

- The company has recommended a dividend at the rate of 20% per ordinary shares of Rs 10/- each for the financial year ended.

2006

- The company has recommended dividend at the rate of 25% per ordinary shares of Rs 10/- each for the financial year ended.

2007

- The company has recommends for payment of dividend @ 30% on Equity Shares of Rs 10/- each.

2008

- The company appointed Mr. Arun Kumar Kohari, Chairman, as also Managing Director.

2009

- The company has recommended for payment of dividend of Rs 3.50 per equity share of Rs 10/- each on 5707162 Equity Shares.

2010

- The company has recommended for payment of dividend of Rs. 4.50 per equity share of Rs. 10/- each on 5707162 Equity Shares.

2011

- The company has recommended dividend of Rs. 4.50 per equity shares of Rs. 10/- each for the financial year ended.

2012

- The company has recommended dividend of Rs. 4.50 per equity shares of Rs. 10/- each for the financial year ended.

2013
-Albert David Ltd has recommended for payment of dividend of Rs. 4.50 per equity share of Rs. 10/- each.

2014
-Albert David Ltd has appointed Mr. Arindam Sarkar as Additional Director of the Company.
-Albert David Ltd have recommended dividend of Rs. 5.00 per equity share of Rs. 10/- each.

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