Bandaram Pharma Packtech Share Price

CMP as on05-Aug-19 14:35

₹ 14.50
-0.5 -3.33%


₹ 14.50

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Prev. Close

₹ 15.00

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₹ 5

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₹ 14.50
₹ 14.50

Shiva Medicare (SML) was incorporated on 2 Dec.91 to manufacture latex gloves. The company took over the Rubber division of Vijayshree Spinning Mills located at Tambaram,Chennai.SML manufactures disposable latex examination gloves and currently has two lines capable of producing 36 mln pcs pa each. After taking possession of the unit on 11 Apr.92, within a short span of four months, the company successfully shipped, on 31 Aug.92, its first consignment to its overseas buyers Steriltx (USA), US, and since then is regularly exporting its product to Steriltx (USA).The company had commissioned three lines in the year 1994-95.Company also modified its 2 Nos. old diplines for manufacturing of Nitrele and Surgical Gloves & proposed to manufacture value added products such as Nitrele, Surgical and Chlorinated Gloves. Company applying term loan through Union Bank of India for putting the Chlorination plant to produce powder free gloves.Company also obtained 510-K from Food & Drug Administration, U.S.A for marketing powder free gloves in U.S.A. and C.E. mark from Norewegian Ministry of Health and Social Affairs for marketing of examination gloves in the European countries.The company has been referred to BIFR as the networth has been fully eroded.

  • Additional Director

    Kishan Prasad Palayu
  • Executive Director

    Shivarama Babu Velchuri
  • Additional Director

    Mahesh Kumar Vellaboyina
  • Addtnl Independent Director

    Ram Murthy Telukuntla
  • Addtnl Independent Director

    Raghu Ramaiah Kaveti
  • Non Executive Director

    Sangam Venkateshwar Rao
  • Addtnl Independent Director

    Namrata Chadha
  • Managing Director

    B. Muniratnam Reddy
  • Non Executive Director

    Bhandaram Sathyavathi
  • Non Executive Director

    Bhandaram Premsai Reddy
  • Independent Director

    C. V. Subramanya Rajaram
  • Independent Director

    B. Suryaprakasa Rao
  • Company Secretary

    Harish Sharma

Registered Office

601 5th Floor Oxford Towers,
Old Airport Road Kodihalli,Bangalore,


Subramanian Building,
Club House Road,Chennai - 600002