HISTORY

The Company was incorporated as Public Limited Company on 16th November, 1992 under the Companies Act, 1956 in the state of Gujarat as “AdiRasayan Limited”. The Company had also received Certificate for Commencement of Business from ROC, Gujarat on November 20, 1992.

Further the name of the Company was changed from “ADIRASAYAN LIMITED” to “GENERIC PHARMASEC LIMITED” on 27th November, 2018.

The Registered Office of the Company was shifted from the State of Gujarat to the State of Maharashtra in Mumbai on 10th April, 2019.

Further, the name of the Company was again changed from ‘GENERIC PHARMASEC LIMITED” to “ GENPHARMASEC LIMITED” on 25th October, 2021 a fresh certificate of incorporation consequent upon the name change was obtained from the Registrar of Companies, Maharashtra at Mumbai.

The present name of the Company is “GENPHARMASEC LIMITED

PROFILE

The Company was incorporated as Public Limited Company named “AdiRasayanLimited”.It was incorporated in 1992, Generic Pharmasec Limited initially started as a manufacturer and trader of organic and inorganic chemicals, dyes and pigments and from 2018 onwards the Company shifted its business activities to buying, selling and distribution of all kinds of pharmaceutical, medicinal and medicated preparations and also decided to make a foray in securities market.

Further the name of the Company was changed from “ADIRASAYAN LIMITED” to “GENERIC PHARMASEC LIMITED”

In the year 2019, the company decided to shift its focus to the lucrative medical and diagnostics device segment.

Further, the name of the Company was again changed from ‘GENERIC PHARMASEC LIMITED” to “ GENPHARMASEC LIMITED”

The Company has tied up with Abbott Point of Care Corporation INC, USA for distribution of their niche diagnostic equipment namely, i-STAT 1 Analyzer which is a hand-held blood analyzer exclusively used in ICUs and ICCUs of hospitals for immediate test results. i-STAT 1 Analyzer is lightweight, portable and easy to use. It operates with the advanced technology of i-STAT test cartridges. Together they create the i-STAT system – a point-of-care-testing platform that provides healthcare professionals with diagnostic information when and where it is needed. The Company supplies i-STAT 1 blood Analyzers to various distributors spread all over the country. These distributors supply the same to various government as well as private hospitals in their territory. Headquartered in Mumbai.