Pharmaids Pharmaceuticals Ltd Company Summary

Pharmaids Pharmaceuticals Limited, incorporated in March, 1989 at Hyderabad, Telangana were suppliers of Quality Grade range of speciality chemicals, skin care, hospital care and generic products in the areas of Orthopedic, Neuro and Gastro etc. The technical team used quality proven chemical compounds and standard processing methods maintaining proper hygiene standards.The Company is engaged in the business of contract research and manufacturing services.Emergent Bio Naturals Limited (EBNL) was amalgamated with the Company in 2019-20 and the Scheme of Amalgamation was effective on September 27, 2019. Pursuant to the Scheme, 69,05,734 Equity Shares were allotted to Shareholders of Emergent Bio Naturals Limited on November 27, 2019.

The Company acquired 25.5% stake as 1st tranche in Anugraha Chemicals, a Partnership Firm, registered under Karnataka Partnership Rules, 1954 on February 1, 2023. Further, it acquired Adita Bio Sys Private Limited, making it wholly owned subsidiary of the Company. Company acquired additional 28.50% of partnership interest in Anugraha Chemicals totalling to 54% partnership interest and became the subsidiary of the Company in 2024.

Company acquired an additional 12.5% partnership interest in Anugraha Chemicals , thereby increasing its total partnership interest to 66.50% in FY25.