Zandu Realty
Zandu Realty Limited (formerly Zandu Pharmaceutical Works Limited)[3] is an international pharmaceutical company based in Mumbai, India.[4] Company's core business of manufacturing and dealing in ayurvedic and medicinal preparations.
 | |
| Type | Public (BSE: 506720NSE: ZANDUREALT) |
|---|---|
| Industry | Pharmaceutical, Real Estate |
| Founded | October 1910, Incorporated 1919[1] Mumbai, India |
| Headquarters | Mumbai , India |
Area served | India |
| Products | Formulations & Bulk Drugs |
Number of employees | 2000 (2009)[2] |
| Website | Official Website |
History
Established in 1910 by Pattani, Prime Minister of the erstwhile state of Bhavnagar with Zandu Bhatt, Zandu went public in 1919 with the issuance of stocks.[5]
The company derives its name from Vaidhya Zandu Bhattji, the original founder of the firm named Zandu Pharmaceuticals. He was a renowned Vaidhya not only of Gujarat but India in late 19th century and early 20th century. The Vaidhya family's stake has been sold to Emami in 2008 for ₹730 crores [6]
References
- "Zandu Realty Ltd". Bloomberg. Retrieved 8 July 2015.
- "Zandu : Our Network". Zanduayurveda.com. Retrieved 27 July 2010.
- "Zandu Pharmaceutical Works Limited (506720) Company Profile". CorporateInformation.com. Retrieved 27 July 2010.
- Anuradha (30 March 2009). "Emami group to restructure Zandu Pharma business". The Economic Times. Retrieved 3 February 2019.
- "Zandu: More on Us". Zanduayurveda.com. Archived from the original on 5 March 2002. Retrieved 16 February 2016.
- "Emami had earlier picked up the Vaidya family's stake in Zandu, while the Parikhs were trying to shelve Emami's takeover bid". Reuters.
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