₹ 895.40 -12.05 (-1.33%)
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Overview
- BSE Code 524075
- NSE Symbol ALBERTDAVD
- ISIN Demat INE155C01010
- Book Value (₹) 687.37
- Face Value (₹) 10.00
- Market Cap (₹ Cr.) 532.71
- P/E (TTM) 31.30
- EPS (TTM) 29.81
- Div Yield (%) 0.54
Performance
Corporate Actions
Albert David Limited - Disclosure under SEBI Takeover Regulations
Apr 16, 2025Arun Kumar Kothari has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) and 31(5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
About Albert David Ltd
Incorporated in 1938 at Calcutta, Albert David (ADL) is headed by Chairman A K Kothari. Its units at Calcutta, Ghaziabad and Raisin manufacture pharmaceutical formulations, including amino acid infusions. The company also manufactures disposable syringes and needles and a wide range of bulk drugs. It is recognised as a large IV fluid manufacturer, both in glass and polyethylene containers.
ADL has broadened its footprint operations into into a technical collaboration with Morishita Pharmaceuticals, Japan, a subsidiary of Ajinomoto -- the world leader in amino acids -- to manufacture amino acid infusions, for which it came out with a rights issue in Aug.'87. It has also created and deployed a new unit in Kalyani, West Bengal, to manufacture bulk drugs, which went on stream in 1990. Another rights issue in Mar.'90 augmented the long-term working capital.
ADL has broadened its footprint operations into into technical collaboration with Pharma Plan, Germany, to supply machinery to manufacture 30 mln disposable syringes and 70 mln needles at Mandideep near Bhopal. ADL came up with a Rs 4.68-cr right issue to part finance the expansion of its capacity of IV fluids in plastic bottles (FFS technology) at Ghaziabad.
During 1998-99, the company has successfully engineered some new products viz. Siozole Capsules and Ferrochelate-Z-Capsules with Iron & Zinc and folic acid in sustained released formulation. In 2002-03 the company has formally introduced new products-INTECAR,NIMERIL-T,EVICT,ALROF-50. It is also planning to launch new products such as SIOOXY,ALAMIN FEZ,PANSURE.
Founded | : 1938 |
Chairman | : A K Kothari |
Managing Director | : U. M. Kunte |
Address | : D Block 3rd Flr Gillander Hous, Netaji Subhas Road, Kolkata, West Bengal, 700001, |
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