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Smruthi Organics Ltd.

BSE: 540686 Sector: Health care
NSE: N.A. ISIN Code: INE172E01011
BSE 11:36 | 28 Oct 275.05 -1.30
(-0.47%)
OPEN

276.05

HIGH

294.00

LOW

273.00

NSE 05:30 | 01 Jan Smruthi Organics Ltd
OPEN 276.05
PREVIOUS CLOSE 276.35
VOLUME 1828
52-Week high 419.35
52-Week low 89.30
P/E 18.90
Mkt Cap.(Rs cr) 315
Buy Price 275.05
Buy Qty 31.00
Sell Price 278.60
Sell Qty 10.00
OPEN 276.05
CLOSE 276.35
VOLUME 1828
52-Week high 419.35
52-Week low 89.30
P/E 18.90
Mkt Cap.(Rs cr) 315
Buy Price 275.05
Buy Qty 31.00
Sell Price 278.60
Sell Qty 10.00

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.

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