Medico Remedies Share Price

CMP as on17-Sep-21 9:28

₹ 245.00
10 4.26%

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₹ 3

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₹ 245.00
₹ 245.00

Medico Remedies Limited was incorporated as a private limited company with the name Medico Remedies Private Limited on March 18, 1994. The status of the Company was changed to a public limited company and the name of the Company was changed to Medico Remedies Limited on March 6, 2017. Medico Remedies is a pharmaceutical formulation manufacturing company with manufacturing and marketing capabilities in formulation with focus on anti-infective, Beta-Lactums, cephalosporins, antimalarial, antiretroviral, anti-ulcer drugs and antacids, vitamins, haematinics and other supplements. Further in addition to the above, the Company also has manufacturing and marketing capabilities in other drugs such as NSAIDS, antihistaminic, antidiabetics, cardio vascular drugs, diuretics, anti-epileptics, combination drug kits, syrups and cream & gel for various therapeutic segments.The Company began its operations in the year 1994 with manufacturing and servicing of diuretics, anti-malarials, NSAIDS tablets, anti-reterovirals, anti-ulcer drugs and anti-acids tablets. Over the years the company has expanded its scale and scope of operations and currently the Company is engaged in manufacture of formulations for various medicines. As part of this expansion, in the year 1999 & 2002, the company has acquired two adjacent plots of 1,023.50 sq. metres each respectively, for setting up the plant at Palghar, Maharashtra. The plant is divided into two units, i.e. general formulations unit and betalactam unit; the beta lactam unit is further divided into two segments -penicillin and cephalosporins.The Company has built a strong relationship with its customers for drug formulations. The clients include Indian as well as foreign pharmaceutical companies like Anphar Limited, Saad Medical, Manfes Pharmaceuticals & Chemical Industries, Award Global Company Limited, Directorate of Health Services (DHS, Maharashtra) to name a few. The Company also earns revenue from the sale of licenses such as FMS license, FPS license and MESI license.

  • Chairman & Wholetime Director

    Haresh Mehta
  • Managing Director

    Harshit Mehta
  • Whole-time Director

    Rita Mehta
  • Whole-time Director

    Rishit Mehta
  • Independent Director

    Deepak Vekaria
  • Independent Director

    Ramesh Rughani
  • Independent Director

    Bharat Rathod
  • Company Secretary

    Dinesh Modi

Registered Office

1105/1106 11-Flr Hubtown Solar,
N S Phadke Marg Andheri East,Mumbai,
Maharashtra-400069

REGISTRAR OFFICE

Subramanian Building,
Club House Road,Chennai - 600002
INDIA