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Marksans Pharma Ltd. Company History and Annual Growth Details

TASC Industries (India) Ltd. was incorporated on 16th April 1992 as a Public Limited Company under the Companies Act 1956 at Bombay in the state of Maharshtra. The certificate of commencement of business was obtained on 5th June 1992.

The company has been promoted by Mr. Vijay Thakkar, Mr. Sanjay Thakkar and Mr. Sanjay Sahu to set up a plant for manufacture of Ciprofloxacin, Chloramphenicol and Chloramphenicol Palmoate. The promoterws have been trading in bulk drugs and formulations for the past eight years through their associate concern Tasc Chemical India Pvt. Ltd.

2005

-Company has changed its name from Tasc Pharmaceuticals Ltd. to Marksans Pharma Ltd.
-In 2005, Marksans acquired Nova Australasia Pty Ltd. (Nova), an Australian marketing company that specializes in marketing OTC and pharmaceutical products. The company has robust operating margins and a presence across top pharmacies and major chain stores for the distribution of generics and OTC products.

2006

- Marksans Pharma Ltd has informed that the Board of Directors of the Company at its meeting held on October 30, 2006 has appointed Mr V Nagaraj as Additional as well as Whole Time Director (marketing) of the Company.

-Marksans Pharma Limited has appoineted Mr. V. Nagaraj as Additional as well as Whole Time Director (marketing) of the Company.

2008

- The Company has splits its face value from Rs10/- to Rs1/-.

-Registered Office of the Company has been shifted From 601-622, Chintamani Plaza, Mohan Studio Compound, Andheri-Kurla Road, Andheri (E), Mumbai 400 099 To 21st Floor, Lotus Business Park, Off New Link Road, Andheri (W), Mumbai 400 0530.

-In 2008, Marksans acquired UK's Hale Group along with its subsidiary company Bell, Sons & Co. (Druggists) Ltd. (Bell).

-In August 2008, Marksans acquired Relonchem Ltd. The company is engaged in licensing, marketing and distribution of generic pharmaceutical products to wholesalers, retailers and hospitals in the UK.

2009

-"Marksans Pharma Limited announces USFDA approval of generic Ibuprofen Capsules (Liquid Filled), 200 mg for Advil Liqui - Gels 200 mg."

2010

-Company has entered into a Business Transfer Agreement with Kores (India) Limited

-Registered Office of the Company has been shifted From 21st Floor, Lotus Business park, Off New Link Road, Andheri (W), Mumbai - 400053 To 11th Floor, Lotus Business Park, Off New Link Road, Andheri (W), Mumbai - 400053.

2011

-Dr. Balwant Shankarrao Desai has been appointed as a Whole-time Director of the Company

2012

- Mr. Ajay S. Joshi has been appointed as a Director of the Company

2013
-Marksans Pharma Ltd has appointed Mr. Naresh Balwant Wadhwa as an additional Director of the Company. Mr. Wadhwa will be an independent non-executive director.

2014
-Marksans Pharma Ltd has recommended dividend of 10% which is Rs. 0.10 per equity share of Rs. 1/- each face value.

-The Registered office of the company has been shifted from old location to 11th Floor, "GRANDEUR", Opp. Gundeecha Symphony, Veera Desai Extension Road, Oshiwara, Andheri (W), Mumbai -400053, Telephone: +91 22 4001 2000,Telefax: +91 224001 2011, E-mail: [email protected]

2015
-Marksans Pharma gains on acquiring Time-Cap Laboratories

2016
-Marksans Pharma gets USFDA nod for Paricalcitol capsules
-Marksans Pharma gets USFDA nod for diabetes treatment drug
-Marksans Pharma bags USFDA approval for Loratadine

2017

-Marksans Pharma Goa plant gets UK MHRA approval
-Marksans Pharma said that it has received certificate of GMP Compliance of a Manufacturer from Australian government, Department of Health, Therapeutic Goods Administration.
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