CMP as on20-Aug-15 0:00₹ 22.15
Prev. Close₹ 23.30
Day's Vol (shares)₹ 1
Incorporated as a private limited company in Jul.84, Kumaon Pharmacpas and Chemicals was converted into a public limited company in May 95. Originally promoted by P K Singh, Bimla Singh and V S Devendra Kumar, the company was taken over by Harish Belwal in Feb.94.The company set up manufacturing facilities for the manufacture of bulk drugs like 6 amino penicillinic acid (inst. cap. : 120 tpa); ampicillin trihydrate (inst. cap. : 30 tpa) and amoxycillin trihydrate (inst. cap. : 90 tpa), at Ramnagar (Nainital district), Uttar Pradesh. It came out with a public issue of 37.5 lac equity shares of Rs 10 each for cash at par aggregating Rs 375 lac, in Apr.96 to part-finance the project.The company entered into a MoU in Sep.95 with Medicare Products, US, for the export of its products. The company expects to supply nearly 50% of its production. Medicare Products will market the companys products in south-east Asia, far-east Asia, middle-east Asia, Africa, and north and south America.
Whole-time DirectorAshish Pandit
DirectorVinod Kumar Uppal