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Bafna Pharmaceuticals Ltd. Company History and Annual Growth Details

Bafna was incorporated on March 28, 1995 with the Registrar of Companies
Tamilnadu and acquired the entire business of Bafna Pharmaceutical, a
proprietary concern of Mr. Bafna Mahaveer Chand.Bafna Pharmaceutical has
been engaged in the business of manufacturing pharmaceutical formulations of
Betalactam and Non Betalactam products. The first manufacturing unit was set
up at Madhavaram during October 1984 for manufacture of tablets with an
installed capacity of 420 lacs tablets p.a. Subsequently the capusule line was
added during 1987 with a capacity of 300 lacs capsule p.a. and then liquid line
with an installed capacity of 45000 lts p.a was added in 1990.

Major events in the History of the Company:

Year Event

1981 Started as a Proprietorship concern

1984 Set up its first manufacturing unit on 04.10.1984 at Madhavaram
with tablet line of installed capacity of 420 Lacs p.a.

1987 Added Capsules Line with installed capacity of 300 lacs p.a.

1990 Added Liquid Line with installed capacity of 45,000 ltr. p.a.
Made its first supplies to Government of Tamilnadu

1994 Started Contract Manufacturing activity for Crossland Laboratories
WHO GMP Certification for Madhavarm Unit received
Submitted Dossier for registration for 57 products in Srilanka
Made its first export to Srilanka

1995 Started Supply to ESI corporation.

2003 Received Export House' Status by Ministry of Commerce & Industry

2005 Best Supplier' Award by State Pharmaceuticals Corporation of Sri Lanka
Started Construction of new plant at Grantlyon village
Madhavaram Plant approved as per revised Schedule M

2006 Registered 4 products in Ukraine.
New plant at Grantlyon Inaugurated by Governor of Tamil Nadu, on 02.10.2006.
Received ISO 9001: 2000 certificate

2007 Inspection by Ghana Inspectors in 2007 got accreditation.
Rated as 'SE2A' by Dun & Bradstreet
Manufacturing Licence Received for Grantlyon Unit
WHO GMP Certification for Grantlyon Unit