Indian Medicines Pharmaceutical Corp announces dividend of Rs 10 crore for stakeholders

New Delhi: Indian Medicines Pharmaceutical Corporation (IMPCL), a central public sector enterprise (CPSE), has announced to pay a dividend of Rs 10.13 crore to its stakeholders.

The dividend cheque of Rs 9.93 crore for the Ministry of Ayush was handed over to Union minister of Ayush Sarbananda Sonowal in a ceremony held at Transport Bhawan, on Thursday.

On this occasion, Sarbananda Sonowal said, “IMPCL has registered an impressive increase in its profits in comparison to the last Financial Year 2020-21, which is a commendable achievement. Under the visionary leadership of Prime Minister Narendra Modi, Ayush sector is witnessing all round growth not only in India but globally.”

Mukesh Kumar, MD, IMPCL, said, “In the operational front the company has achieved an enhancement of 47% in capacity utilisation over its previous year. An all-around enhancement in performance in terms of turnover, profit and capacity utilisation over previous years has brought focus on the future prospects of the company.”

IMPCL has been conferred mini ratna Category II status by the government of India and also got ISO 9001:2015 Certification. The company is presently manufacturing 656 classical avurvedic, 332 unand 71 proprietary ayurvedic medicines for the various diseases spectrum. It supplies ayurveda and unani medicines to all the states under National Ayush Mission (NAM) and 6,000 centres of Jan Aushadhi Kendras.

  • Related Posts

    • Pharma
    • April 25, 2024
    • 8 views
    ACB Gujarat Nabs Female Drug Inspector In A Bribe Case

    Ahmedabad: The Anti-Corruption Bureau (ACB) of Gujarat today nabbed a Drug Inspector of the Food and Drug Control office in the city in a bribery case involving a sum of…

    • Pharma
    • April 25, 2024
    • 50 views
    Netherlands: Health Secy Visits Bilthoven Biologicals, Discusses Collaboration On Production Of Oral Polio Vaccine

    New Delhi: Union Health Secretary Apurva Chandra on Wednesday visited the manufacturing unit of global pharmaceutical company Bilthoven Biologicals at Utrecht, Netherlands. Further, the Union Health Secretary met with CEO Juergen…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    ACB Gujarat Nabs Female Drug Inspector In A Bribe Case

    ACB Gujarat Nabs Female Drug Inspector In A Bribe Case

    Netherlands: Health Secy Visits Bilthoven Biologicals, Discusses Collaboration On Production Of Oral Polio Vaccine

    Netherlands: Health Secy Visits Bilthoven Biologicals, Discusses Collaboration On Production Of Oral Polio Vaccine

    India Lifts Safeguard Measures On Isopropyl Alcohol Imports

    India Lifts Safeguard Measures On Isopropyl Alcohol Imports

    Punjab And Haryana HC Notice To Centre On Petition Against Misuse Of Oxytocin

    Punjab And Haryana HC Notice To Centre On Petition Against Misuse Of Oxytocin

    Nepal Drugs Regulator To Conduct On-Site Testing Of Medicines

    Nepal Drugs Regulator To Conduct On-Site Testing Of Medicines

    ‘Auric’ Relied On Amazon Reviews For Research Claims To Cure Fatty Liver

    ‘Auric’ Relied On Amazon Reviews For Research Claims To Cure Fatty Liver