Promoted by Dr Ali, A Dalvi and his associates, Ratna Drugs was incorporated as a private limited company on 25 Jun.'87 and was converted into a public limited company on 23 Apr.'92. The company's plant at MIDC, Lote Parshuram, Maharashtra, manufactures bulk drugs like atenolol, nifedipine, propanolol hydrochloride, mebendazole, theophylline, ranitidine, etc. These bulk drugs are used to control different types of diseases like high blood pressure, bronchial asthama, ulcers, tremor, worms, etc.
The company has a countrywide dealer network to market its products and plans to go in for export.