Sai Parenterals Ltd. Company History and Annual Growth Details

Our Company was originally incorporated as ‘Sai Parenteral’s Private Limited’, a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated January 12, 2001, issued by the Registrar of Companies, Andhra Pradesh at Hyderabad. Thereafter, our Company was converted into a public limited company pursuant to resolution of our Board dated December 24, 2021 and a special resolution of our Shareholders dated January 05, 2022, and consequently, the name of our Company was changed to ‘Sai Parenteral’s Limited’ and a fresh certificate of incorporation consequent upon conversion to public limited company dated January 17, 2022, was issued to our Company by the RoC.

Major Events and Milestones:

2001

- Company was incorporated as a Private Limited Company under the name of Sai Parenteral’s Private Limited.

2016

- Change in the ownership of the Company, due to acquisition of Equity Shares by our Promoters from the erstwhile promoters of the Company.

- Acquired Unit-I and Unit-II.

2021

- Launch of Prefilled technology equipment in Unit-I.

2022

- Acquired Unit III and related business from Reichindia Pharma Limited. For details see “Acquisition of Business undertaking of Reichindia Pharma Limited on a slump sale basis” on page 270.

- Acquired Unit IV and related business from Medreich Limited. For details see “Acquisition of Business undertaking of Medreich Limited on a slump sale basis” on page 271.

2023

- Incorporated, SP Analytics Private Limited one of our Subsidiary

- Our Company achieved a turnover of ? 1,000 million

2024

- Our Company acquired 100 % shareholding of Revat Laboratories Private Limited, pursuant to which it became a wholly owned subsidiary of our Company.

2025

- Incorporated a wholly owned subsidiary, Sai Parenterals Pte. Limited in Singapore.

- Acquisition of foreign step-down subsidiaries, Noumed Pharmaceuticals Pty Limited in Australia and Noumed Pharmaceuticals Limited in New Zealand.