Innova Captab Ltd. Company History and Annual Growth Details

Theompany wasincorporated in Mumbai, Maharashtra, as‘Harun Health Care Private Limited’, a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated January 3, 2005, issued by the RoC. Thereafter, pursuant to a resolution passed by the Shareholders in the extraordinary general meeting held on December 26, 2009, the name of the Company was changed from ‘Harun Health Care Private Limited’ to ‘Innova Captab Private Limited’, in order to reflect innovations in the pharmaceutical sector. Consequently, a fresh certificate of incorporation dated February 2, 2010, was issued by the RoC to the Company. Subsequently, the Company was converted from a private limited company to a public limited company, pursuant to a resolution passed by the Shareholders in the extraordinary general meeting held on July 12, 2018, and consequently, the name of the Company was changed to the present name ‘Innova Captab Limited’, and a fresh certificate of incorporation dated July 26, 2018, was issued by the RoC to the Company.

Major events and milestones of the Company :

2006
- stablished the first manufacturing plant in Baddi, Himachal Pradesh

2010
- Changed the name of the Company from ‘Harun Health Care Private Limited’ to ‘Innova Captab Private Limited’
- Commenced operations at the cephalosporin block of the plant in Baddi, Himachal Pradesh

2013
- Crossed ?500.00 million in total revenue
- Received the first international accreditation in the form of certificate of good manufacturing practices (“GMP”) for all manufacturing activities of the Company in relation to the cephalosporin products from the Ministry of Medical Services, Republic of Kenya

2015
- Incorporated Univentis Medicare Limited through which we undertake the marketing operations

2018
- Converted the Company from a private limited company to a public limited company

2019
- Crossed ?3,000.00 million in total revenue

2021
- Leased land to establish industrial plant at Samba, Jammu and Kashmir
- Acquired land to build state of art research and development centre in Panchkula, Haryana
- Acquired the assets and liabilities of Innova Partnership on going concern through slump sale
- Acquired Univentis Medicare Limited as a wholly owned subsidiary

2023
- Acquisition of Sharon Bio-Medicine Limited through the wholly owned subsidiary Univentis Medicare Limited.