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Nutraplus India Ltd. Company History and Annual Growth Details

NUTRAPLUS PRODUCTS (INDIA) LIMITED was originally incorporated
as a private limited company on 6th February 1990 with the
Registrar of Companies, Maharashtra at Bombay. It was
subsequently converted into a Public Limited Company with effect
from 13th June 1992 in terms of the resolution passed in the
Extra Ordinary General Meeting of the Company held on 28th May

The Company is implementing a project for the manufacture of
veterinary bulk drugs namely Dimetridazole (DMZ) and Dinitolmide
(DOT) at M.I.D.C., Tarapur. Initially the Company proposed to
set up manufacturing facilities for manufacture of Methyl Nitro
Imidazole, an intermediate of DMZ with installed capacity of 240
MT per annum at a cost of Rs.123.66 Lakhs, for which it was
sanctioned a term Loan of Rs.60 Lakhs from Maharashtra State
Financial Corporation (MSFC).

But now the Company has decided to go in for production of
Dimetridazole (DMZ) and Dinitolmide (DOT) with installed
capacities of 160 MT and 300 MT respectively per annum due to
high value addition in these products, than their intermediates,
huge demand and export potential for these products, being
veterinary bulk drugs and there being few units manufacturing
these bulk drugs in the organised sector and also because these
products are not under any government controls with regard to
manufacturing, pricing, selling or distribution unlike other
bulk drugs.