Zydus Wellness Ltd Share Price

Summary

Zydus Wellness Limited was incorporated on November 1, 1994 as a public limited company with the name Carnation Health Foods Limited. The Companys name was changed from Carnation Health Foods Limited to Carnation Nutra-Analogue Foods Limited and thereafter from Carnation Nutra-Analogue Foods Limited to Zydus Wellness Limited on January 5, 2009.Headquartered in Ahmedabad, Zydus Wellness operates as an integrated consumer Company with business encompassing the entire value chain in the development, production, marketing and distribution of health and wellness products. The Companys product portfolio includes popular brands with functional benefits like Glucon D, Complan, Sugar Free, Nycil, Everyuth, Nutralite and Sugarlite. It has five manufacturing operations- one each at Ahmedabad (Gujarat), Aligarh (Uttar Pradesh), Sitarganj (Uttarakhand) and two at Mamring (Sikkim).The company set up a unit to manufacture Low fat, Zero cholesterol Margarine as a Butter substitute and Low fat, Zero Cholesterol Cheese and casienate and milk fat.In December 15, 1996, the company started trial runs in their manufacturing unit and in January 1997, they started commercial production activity. During the year 1997-98, they set up their marketing channel for the State of Gujarat.During the year 2005-06, the company increased the production capacity of Margarine from 3928 MT to 5500 MT. Cadila Healthcare, a listed public limited company acquired 3432138 equity shares through market purchase and ope
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