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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:
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