| J.K. Pharmachem Limited (the company) was incorporated on 16th March 1990. The certificate of commencement of Business was received on 11th May, 1990 to conduct business in the manufacture and sale of drugs and pharmaceuticals. The Company is now implementing a Project for manufacture of Penicillin G. 2000 -The board approved and recommended to the members the proposal of issue of 2,13,17,150 No. of equity shares of Rs.10 each and 1,77,640 redeemable preference shares of Rs.1200 each to Unit Trust of India. The Board also recommended to the members to reclassify and increase the the authorised share capital of the company from Rs.65 crores to Rs.101 crores. |
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