Astonea Labs Ltd. Company History and Annual Growth Details

Our Company was originally incorporated as a private limited company in the name of “AHU Laboratories Private Limited” on April 11, 2017, pursuant to the provisions of the Companies Act, 2013, and was granted a certificate of incorporation dated April 11, 2017, by the Deputy Registrar of Companies, Chandigarh. Further, the name of the company was changed from “AHU Laboratories Private Limited” to “Astonea Labs Private Limited” pursuant to a special resolution passed in the EGM of our members held on February 14, 2019. A fresh certificate of incorporation dated February 26, 2019, was issued by the Registrar of Companies, Chandigarh to our Company bearing Corporation Identification Number “U24304CH2017PTC041482”. Our Company was converted from a private limited company to a public limited company, pursuant to a special resolution passed in the EGM of our members held on January 02, 2024, and consequently, the name of our Company was changed to “Astonea Labs Limited” by deletion of the word ‘private’. A fresh certificate of incorporation consequent upon conversion from a private company to a public company dated January 11, 2024, was issued by the Registrar of Companies, Chandigarh to our Company bearing Corporate Identification Number “U24304CH2017PLC041482”.

MAJOR EVENTS AND MILESTONES:

2017

- Incorporation of the Company in the name of AHU Laboratories Private Limited and acquisition of 2.5 acres of land for setting up a manufacturing facility at Village- Haripur, Tehsil- Raipur Rani, District- Panchkula, Haryana (“Manufacturing Facility”)

2018

- Construction of manufacturing facility and procurement of plant and machinery

2019

- Changed the name of our Company from AHU Laboratories Private Limited to Astonea Labs Private Limited

- Started production with cosmetic block at the Manufacturing Facility

2020

- Started export with merchant exporter

2021

- Started second block with pharmaceutical products such as tablet, capsules, softgel, and oral powder production at the Manufacturing Facility

2022

- Started direct export of the pharmaceutical products

- Launched the brand “Glowup”

2023

- Received certification under WHO / GMP certification scheme and Eco-cert COSMOS

2024

- Launched the brand “Regero”