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History of ACE Laboratories Ltd.

Name of Comp. : Ace Laboratories Ltd. Registered Office : C-52, Okhla Industrial Area, Phase-I, New Delhi-110 020.

Date of Incorporation : ALL was earlier incorporated as Ace Laboratories Pvt. Ltd on 29th Sept, 1984. Subsequently it was converted to Public limited Comp. under the name and style of Ace Laboratories Ltd on 28th April, 1992 & fresh certificate of incorporation was received on the 28th April, 1992.

Main Objects

1.To carry on anywhere in India or elsewhere the business as manufacturers, processors, dealers, agents distributors, whole-'

sellers, retailers, chain-shop owners, importers, exporters & stockists of

All kinds of drugs, pharmaceutical preparation, herbal, bacteriological products & by-products, medicines & chemicals of all descriptions. cosmetics, toilet articles. all substances in chemical trade.

Brief History/Existing Operations

The Comp. was set up in Septemher. 1984 as a private Limited Comp. by Shri Ajit Chand Srimal & Shri Shailendra Tewari for manufacture of liquid syrups with a capacity of 60,000 liters p.a. In the last quarter of 1987, Comp. shifted its factory from Libaspur to its present premises located at C-52, Okbla Industrial Area, Phase-I, New Delhi, & set-up facilities for manufacture of tablets, capsules & dry syrups. During the Accounting year 1993-94 Comp. added equipments & expanded its capacities. The installed capacities of various products currently being manufactured is as under

Tablets [ Lakh Nos P.A.s]1350.00 Capsules [ Lakh Nos. P.A.s]600.00 Liquid Syrups [ Lakbs Liters P.A.s]3.00 Dry Syrups [ Lakhs Bottles P.A.s]12.00 I each bottle of 40 ml.s] Topical/Skin ointments [tubess]42.00 [ lakhs tubes P.A.s] The products mainly cover the following categories of formulation.~: a. Antibiotics b. Anti Inflammatory c. Anti Tubercular d. Analgr.'sics e. Anti pyretics f. Anti ulcer f. Enzymes g. Anti bacterial h. Anti fungel.

The main brand names of company products are as follows