Valiant Laboratories Ltd. Company History and Annual Growth Details

The Company was originally formed as a partnership firm under Indian Partnership Act, 1932, under the name and style of “M/s Bharat Chemicals” pursuant to the deed of partnership dated October 17, 1980. Subsequently, the partnership firm, M/s. Bharat Chemicals was converted into a public limited company under the provisions of the Companies Act with the name “Valiant Laboratories Limited” pursuant to certificate of incorporation dated August 16, 2021 issued by Central Registration Centre, Registrar of Companies. The corporate identity number of the Company is U24299MH2021PLC365904.

Key events and milestones :

1980
- Formed M/s. Bharat Chemicals (a partnership firm)

1981
- Acquired plot No. L-30 in the Tarapur Industrial Area, Palghar, Maharashtra on leasehold basis admeasuring about 1,000 sq. mtrs

1982
- Commenced manufacture of Paracetamol

2004-05
- Acquired additional Plot Nos. L-28, L-28 (part), L-29 and L-13 at Tarapur Industrial Area, Palghar, Maharashtra collectively admeasuring about 3,000 sq.mtrs

2015
- The annual revenue from operations crossed Rs.500 million

2021
- Converted from partnership firm into a public limited company
- The annual revenue from operations crossed Rs.1,000 million

2022
- The annual revenue from operations crossed Rs.2,000 million
- Formed the wholly owned subsidiary, VASPL to diversify the business activities