Zandu Realty Limited (formerly Zandu Pharmaceutical Works Limited)[4] is an Indian multinational pharmaceutical company based in Kolkata.[5] Its core business is manufacturing and dealing in Ayurvedic and medicinal preparations.
Company type | Public |
---|---|
Industry | Pharmaceutical, Real Estate |
Founded | October 1910[1] Mumbai, India | (incorporated in 1919)
Founder | Sandeep Jhunjhunwala (CFO/Manager)[2] |
Headquarters | , India |
Area served | India |
Products | Formulations & Bulk Drugs |
Owner | Emami |
Number of employees | 2,000 (2009)[3] |
Website | Official Website |
Established in 1910 by Prabhashankar Pattani, Prime Minister of the erstwhile state of Bhavnagar with Zandu Bhatt, Zandu went public in 1919 with the issuance of stocks.[6]
The company derives its name from Vaidhya Zandu Bhattji, the original founder of the firm named Zandu Pharmaceuticals. He was a renowned Vaidhya not only of Gujarat but India in late 19th century and early 20th century. The Vaidhya family's stake has been sold to Emami in 2008 for ₹730 crores [7]