Supriya Ghosh (Editor)

Amrutanjan Healthcare

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Type
  
Public

Net income
  
US$

Headquarters
  
Chennai

Revenue
  
US$

Website
  
amrutanjan.com/

Founded
  
1893

Amrutanjan Healthcare httpswwwamrutanjancomimageslogonewpng

Industry
  
Ayurvedic health-care products, beauty products, Informational Technology, Business process outsourcing

Stock price
  
AMRUTANJAN (NSE) ₹ 577.00 +2.55 (+0.44%)1 Mar, 12:11 PM IST - Disclaimer

Profiles

Amrutanjan Healthcare Limited is an Indian pharmaceutical company established by Kasinadhuni Nageswara Rao in Mumbai in 1893.

Contents

History

Amrutanjan was established as a patent medicine business in Mumbai in 1893 by K. Nageswara Rao Pantulu who was a journalist, social reformer and freedom fighter. The headquarters were shifted to Chennai in 1914.

Amrutanjan balm

Main article: Amrutanjan

Even today,the words "Bombay" are inscribed along with Amrutanjan on the lid of its most well-known product, the pain balm. In 1936, Amrutanjan became a public limited company with the name Amrutanjan Limited. Kasinathuni Nageswara Rao popularised the balm by distributing it free-of-cost at music concerts.

On 13 November 2007, the company changed its name from Amrutanjan Limited to Amrutanjan Healthcare Limited and has ever since been known by that name.

On 4 July 2002, Amrutanjan Healthcare entered the U.S. market. As of 2014, it is headed by Sambhu Prasad, the grandson of Nageshwara Rao.

Products

Amrutanjan Healthcare's main product is its pain balm. In 2002, Amrutanjan Healthcare launched a series of anti-diabetic medicines called Diakyur. In 2004, the company launched herbal mouth-fresheners under the brand name "Affair".

The Amrutanjan group also includes a software company called Amrutanjan Infotech. In July 2001, Amrutanjan Infotech's call-centre began its operations.

In May 2011 Amrutanjan diversified into foods, buying out Siva’s Soft Drink Pvt Ltd, a Chennai-based company which sells fruit juices under the Fruitnik brand. It has relatively paid out Rs.260 Million for the acquisition.

1 reading

  • Muthiah, S. (2004). Madras Rediscovered. East West Books (Madras) Pvt Ltd. ISBN 81-88661-24-4. 
  • References

    Amrutanjan Healthcare Wikipedia