Zandu Realty
Zandu Realty Limited (formerly Zandu Pharmaceutical Works Limited)[4] is an Indian multinational pharmaceutical company based in Mumbai.[5] Its core business is manufacturing and dealing in Ayurvedic and medicinal preparations.
 | |
| Type | Public |
|---|---|
| Industry | Pharmaceutical, Real Estate |
| Founded | October 1910 (incorporated in 1919)[1] Mumbai, India |
| Founder | Sandeep Jhunjhunwala (CFO/Manager)[2] |
| Headquarters | Mumbai , India |
Area served | India |
| Products | Formulations & Bulk Drugs |
| Owner | Emami |
Number of employees | 2,000 (2009)[3] |
| Website | Official Website |
History
Established in 1910 by Prabhashankar Pattani, Prime Minister of the erstwhile state of Bhavnagar with Zandu Bhatt, Zandu went public in 1919 with the issuance of stocks.[6]
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 [7]
References
- "Zandu Realty Ltd". Bloomberg. Retrieved 8 July 2015.
- "Sandeep Jhunjhunwala". Bloomberg.
- "Zandu : Our Network". Zanduayurveda.com. Archived from the original on 1 July 2010. 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. Archived from the original on 14 September 2012. Retrieved 3 July 2017.
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