Zenith Drugs Ltd. Company History and Annual Growth Details

Our Company was originally incorporated on November 15, 2000 as a Private Limited Company in the name of “Zenith Drugs Private Limited” under the provisions of the Companies Act, 1956 with the Registrar of Companies, Madhya Pradesh, Gwalior. Subsequently pursuant to a Special Resolution of our Shareholders passed in the Extra-Ordinary General Meeting held on September 05, 2023, our Company was converted from a Private Limited Company to Public Limited Company and consequently, the name of our Company was changed to ‘Zenith Drugs Limited’ and a Fresh Certificate of Incorporation consequent to Conversion was issued on September 13, 2023 by the Registrar of Companies, Gwalior.

MAJOR EVENTS AND MILESTONES:

2000

-Incorporation of the Company.

2001

-Started as a manufacturing house for oral and external formulations.

2004

-Shifted to a Schedule M GMP compliant unit.

-Started the production of two lines which are liquid orals and ointments.

2007

-Started manufacturing ORS Powder

2016

-Received WHO GMP certification

2019

-Turnover crossed 50 Crores.

2020

-Turnover crossed 75 Crores.

2021

-Certificate of Quality Management System ISO 9001:2015 issued by Global Grading Certification

-Certificate of compliance with good manufacturing practices issued by Liberia Medicines and Health Products Regulatory Authority

-Our Company received subsidy under Madhya Pradesh MSME Yojna i.e. MSME Promotion Scheme,2019 as Industrial Development Grant upto 40% of the capital invested in machinery i.e. grant of ? 170.04 Lakhs

2022

-The Company was recognized as among top 10 MSME Pharmaceutical Manufacturers in Indore in Industry Outlook Magazine Edition.

2023

-Turnover crossed 100 Crores.

-Collaborated with Mr. Kshatriya Valtaprasad Nandkishore for Carrying out the task of Marketing and Export of the products manufactured by Zenith.

-Conversion of our Company from Private Limited Company to Public Limited Company.

-"Zenith Drugs has been awarded Tenders issued by the Uttar Pradesh Medical Supplies Corporation Limited."