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Coral Laboratories Ltd. Company History and Annual Growth Details

Coral Laboratories P Ltd was incorporated on 19.6.1981 and was then converted into a Public Ltd company vide special resolution passed by the shareholders at the meeting held on 9th March 93. The company proposes to manufacture various pharmaceuticals formulations like tablets, capsules, dry syrups, liquieds and ointments and the company has not undertaken any commercial or business activity till date. The company has been promoted by Mr. N B Doshi, Chairman & Managing Director of the company.

2000

- Received WHO GMP Certificate for Baroda Plant.

- Received ISO 9002 Certificate of Quality System Assessment issued by American Quality Assessors.

2001

- Entered in Global Marketing and started Exporting to Sri Lanka, Papua New Guinea, Cambodia and Kenya.

- Renewal of WHO - GMP Certificate.

2002

- Entered into New Global Markets such as Ghana, Malawi, Nigeria, Lesotho, Ukraine and Vietnam.

2003

- Manufacturing Unit approved by (NAFDAC) Nigeria Food & Drug Administration.

2004

- Daman manufacturing unit started manufacturing since March 2004. This manufacturing unit is design to acquirer U.S. FDA & U.K. MHRA Certification.

- Established a Quality Management System that is in compliance with the International Quality System Standard ISO 9001: 2008 Certificate Certificate No: IN015692.

2005

- Received WHO - GMP Certificate for Daman Plant. Manufacturing Unit No. 3 under construction at Dehradun.

- Started Contract Manufacturing for ACI Pharm - USA and Medicale Pharmaceutique- France for their exports.

- Recd ISO 9001-2008 Certificate for Daman plant.

2006

- Started Dehra Doon plant having facility to manufacture Tablets, Capsules, Liquids, Ointments, Lotion, Dry Syrup, Injectables(Dry Powder).

2009

- Received WHO GMP Certificate for Dehradun Plant.

2011
-Coral Laboratories Ltd has recommended dividend @ 15% i.e. Rs. 1.50 per Equity Shares of Rs. 10/-.

2012
-Coral Laboratories Ltd has recommended Dividend @ 15 % i.e. Rs. 1.50/-. per equity share of Rs. 10/- each.

2013
-Coral Laboratories Ltd has recommended Final Dividend @ 15 % i.e. Rs. 1.50/- per equity share of Rs. 10/- each

2014

-Coral Laboratories Ltd has recommended Dividend @ 20% i.e. Rs. 2/- per equity share of Rs. 10/- each.

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