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Elder Pharmaceuticals Ltd. Company History and Annual Growth Details

2003
-Elder Pharmaceuticals Limited have forfeited 59750 equity shares of the company as the allotment money on those shares were not forthcoming from the respective shareholders inspite of final reminder for payment of allotment money was sent to them.

-The out come of AGM
Decided to increase the authorized capital from from the existing Rs.12,00,00,000 (Rupees Twelve crores only) to Rs.15,00,00,000 (Rupees Fifteen crores only) by creation of 30,00,000 (Thiry Lac) new equity shares of Rs.10/- each
Appointed the following Directors namely : 1)Mr.Vijay N.Paranjpe as Joint Managing Director 2)Mr.Peter Bibby, Mr.Adil S.Kajiji,Dr.S.Jayaram & Mr.Saleem Sherwani as Independent Directors.

-Members have approved increase in authorised share capital from existing 120 million to Rs 150 million.

2004

-Elder Pharmaceuticals forges alliance with two Spanish companies - Ferrer SA and Covex SA - for marketing and manufacturing two products in the fast growing cerebro neuropsychiatry (CNS) segment

-Enters into in-licensing agreements with two Japanese pharma companies- Tanabe Seiyaku and Fujisawa . Through these two agreements, the company procures exclusive marketing rights for two anti-hypertensive products in the Indian market

-Ties up with Reliance Life Sciences (RLS) to source aloe vera extracts for skin-related products to be developed by the company

- Joins hands with herbal beauty care specialist Shahnaz Husain for launch of Fair One, a fairness cream

2005

-Elder Pharmaceuticals has signed a strategic marketing alliance with the Swiss pharma major TRB Chemedica to introduce a new range of osteoarthritis and pain management drugs in India

2006

-Elder Pharmaceuticals signs agreement with Worlwide Media

-Elder Pharma join hands with Swedish firm Sterisol AB

-Elder Pharma eyes at Italian generics mart

2007

-Elder Pharma ties up with Spanish co

-Elder Pharma takes over Bulgarian co for Rs 28cr

2009

-MCA puts Elder Pharma under scanner.

-Elder Pharmaceuticals Board recommends Dividend.

2010

-Elder Pharmaceuticals news item appearing in a leading newspaper titled "Elder Pharma eyes Buyouts in Africa, Asia",

-Elder Pharmaceiticals Ltd, one of the fastest growing pharmaceutical companies in India,
Elder commences new manufactjring facility at Langa Road, Dehradun.

-Elder Pharmaceuticals has extended its control over its Bulgarian acquisitions.

-The Company holds a 61% stake in Elder Biomeda AD, Bulgaria through the Company's wholly owned subsidiary in Dubai. The Company has further informed that the stake has been increased to 92.2%.

2011

-Elder Pharmaceuticals said its shareholders have approved a final dividend of 30 per cent for the financial year ended March 31, 2011.

-Drug firm Elder Pharmaceuticals will launch 12 new products this fiscal in the areas of gynecology, pain management and nutraceuticals.

-According to the reports Elder pharma has got approval from the health ministry of Japan for setting up its active pharmaceutical ingredients (API) plant at Patalganga, Maharashtra.

2012

-Elder Pharma & Combe launch Vagisil range of feminine personal hygiene products in India

-Elder Pharmaceuticals signed an agreement with Russia"s Holding PharmaEco for bilateral co-operation in the healthcare sector.

-Elder Pharma join hands with Swedish firm Sterisol AB

2013
- "Elder Pharmaceuticals Limited to Create Joint Venture with KOSE Corporation of Japan".
- "Torrent to Acquire Indian Branded Formulations Business of Elder".

2014
-Elder Pharmaceuticals Ltd has informed that Dr. J. S. Juneja as Non-executive-independent Director of the Company.

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