Macro International Ltd Summary
Astal Laboratories Limited was formerly incorporated as a public company limited by shares on August 03, 1993 in the name of Macro International Limited. The Company was taken over under SEBI takeover guidelines in 2022 and the main objects of the Company was changed to Manufacture and Sales of Pharmaceutical Intermediates and Bulk Drugs. Subsequently the name of the Company was changed to Astal Laboratories Limited in May, 2024.
The Company is now a subsidiary of Aceso Research Labs LLP. The Company was promoted by the Kanpur based business house of Parasrampurias. The Company set up a departmental store at Plaza Kalpana, Birhana Road, Kanpur, offering products such as readymade garments, electronic items, leather items, stationery, books, fast food centre etc.
During 1996-97, the departmental store project succeeded, only Saree Division and Archies Card Division was in operation. The Leather Unit set up at Village Goddhroli, Distt. Fatehpur manufactured of various leather harness and sadddlery goods viz., bridles, halters, girths, martingles, stirup leather, leather reins, brow bands and saddles.Company has ventured into the pharmaceutical bulk drug business and Key Starting Materials/ Intermediates in FY2025 to meet the growing global demand for essential pharmaceutical ingredients.