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Smruthi Organics Ltd.

BSE: 540686 Sector: Health care
NSE: N.A. ISIN Code: INE172E01011
BSE 00:00 | 14 Aug 135.95 2.05
(1.53%)
OPEN

133.90

HIGH

135.95

LOW

133.90

NSE 05:30 | 01 Jan Smruthi Organics Ltd
OPEN 133.90
PREVIOUS CLOSE 133.90
VOLUME 715
52-Week high 147.95
52-Week low 68.40
P/E
Mkt Cap.(Rs cr) 52
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 133.90
CLOSE 133.90
VOLUME 715
52-Week high 147.95
52-Week low 68.40
P/E
Mkt Cap.(Rs cr) 52
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Smruthi Organics Ltd. (SMRUTHIORGANIC) - Company History

Smruthi Organics was incorporated in Jul.'89 as a private limited company and was subsequently converted into a public limited company in Feb.'95. It was promoted by E Purushotham and Shankarrao R Myakal. The company set up a plant at Solapur, Maharashtra, to manufacture bulk drugs like diloxanide furoate (inst. cap. : 24 tpa) and sulphadiazine (inst. cap. : 36 tpa). It expanded its activities and product range in 1993-94 by manufacturing metronidazole benzoate, tinidazole, paracetamol and norfloxacin. The company exports furoic acid to the UK market. In 1995, it proposed to expnd its product range and set up an additional plant at Chincholi, Maharashtra, for the manufacture of additional bulk drugs like ciprofloxacin and ranitidine HCl. The company issued shares to the public in Dec.'95, to part-finance the project. In 1993, the company received the district award as the Best Small Scale Entrepreneur in Solapur in the Year 1993, from the Government of Maharashtra.