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Torrent Pharmaceuticals Ltd

NSE: TORNTPHARM BSE: 500420

4078

(0.02%)

Fri, 13 Feb 2026, 08:15 pm

Company History

1972

  • Incorporated on 15th July as Private Limited Company by Shri Rajnikant C. Patel and family.

1982

  • Acquired by Shri Uttamlal N. Mehta in June.

1989

  • Became deemed Public Company on 28th June under Section 43-A.

1992

  • Amalgamated Torrent Laboratories Limited effective 1st April.
  • Became Public Limited Company via Special Resolution on 25th July.

1993

  • Merged Torrent Medi-Systems Limited effective 1st April.
  • Issued 12,88,400 bonus shares on 7 August in 1:1 ratio.
  • Issued 1,25,49,056 bonus shares on 12 November.

1994

  • Issued 1,74,144 equity shares to TMSL shareholders.
  • First to launch Ranitin, Calcigard, Betacard, Domstal, Dilzem, Cordarone, and Listril.
  • Launched Zirtin, Tyklid, Flutamide, and Topcef.
  • Created Disease Management Groups.
  • Commenced manufacturing of Norfloxacin, Ciprofloxacin, Ranitidine, Atenolol, and Diltiazem.

1995

  • Launched Lomef, Dilzem Inj., Depidol LA, Oncoden, Nimotide, and Pefcin.
  • Entered strategic alliance with Pfizer Inc.

1996

  • Introduced six new drugs including Lozapin.
  • Launched Lamitor, Serenata, Tozar, and Syscan eye drops.
  • Set up state-of-the-art information management system.

1997

  • Formed strategic alliances with Sanofi and Novo Nordisk.
  • Established 50:50 JV Sanofi Torrent India.

1998

  • Introduced Normabrain 800 and Amlocar.
  • Launched Lozapin for resistant schizophrenia.

1999

  • Launched Nikoran IV and novel anti-epileptic drug.

2000

  • Restructured into three divisions.
  • Launched Eurepa (repaglinide).

2001

  • Launched Androz (sildenafil citrate).
  • Launched De Platt (clopidogrel).

2002

  • Launched leflunomide.
  • Manufacturing facilities certified with ISO 14001:1996.
  • R&D Centre received ISO/IEC 17025:1999 accreditation from NABL.

2003

  • Established wholly owned subsidiaries in Germany and Brazil.
  • Launched Aripiprazole as Arip MT.
  • Received IDMA Quality Excellence Award.

2004

  • Launched Ecogat.
  • Launched Rozucor.
  • Signed agreement with Dr. Reddy's Laboratories for Domstal O.
  • Launched Torcoxia (Etoricoxib).
  • Launched Symbal (Duloxetine).

2005

  • Launched Levetiracetam.
  • Acquired Pfizer generic subsidiary in Germany.
  • Signed agreement with Novo Nordisk for dedicated insulin formulation facility.

2006

  • Received US FDA approval for API and formulations facilities at Indrad.
  • Launched AzuCa super-specialty Diabetes division.
  • Issued bonus shares in 1:1 ratio.
  • Split face value of shares from Rs 10 to Rs 5.
  • Launched Nexpro Fast.
  • Entered in-licensing deal with Tasly for Cardiotonic pill.

2007

  • Launched Fibotab, India's first bulk laxative in tablet form.
  • Launched CVpill, world's first polypill in cardiac care.
  • Launched Rimoslim, India's first Rimonabant.

2009

  • Established new insulin facility for 26 million vials per annum for Novo Nordisk.

2010

  • Recommended dividend of Rs. 6 per share.

2011

  • Received US FDA approval for alfuzosin hydrochloride extended release tablets.
  • Recommended normal dividend of Rs. 6 and special dividend of Rs. 2 per share.

2012

  • Appointed Haigreve Khaitan as Additional Director.
  • Recommended final dividend of Rs. 2.50 per share.

2013

  • Acquired Indian Branded Formulations Business of Elder.
  • Recommended bonus shares in 1:1 ratio.

2014

  • Entered exclusive licensing agreement with Reliance Life Sciences for 3 biosimilars.
  • Received exemption from price control for new FDC product.

2015

  • Completed acquisition of Zyg Pharma Pvt Ltd.
  • Commenced commercial operations at Dahej plant.

2016

  • Launched Adalimumab biosimilar in India.
  • Dahej plant received EIR from US FDA.
  • Acquired manufacturing unit of Glochem Industries Limited.

2017

  • Acquired brands from Novartis AG.
  • Acquired Branded Formulation Business of India and Nepal from Unichem Laboratories.
  • Expanded insulin manufacturing facility at Indrad with Novo Nordisk.
  • Listed amongst top five Fastest Growing Companies by Business World.

2018

  • Acquired US-based Bio-Pharm Inc.

2019

  • Amended AOA/MOA.
  • Signed licensing agreement with Glenmark for co-marketing Remogliflozin Etabonate.
  • Changed Registrar & Share Transfer Agent to KFIN TECHNOLOGIES PRIVATE LIMITED.

2021

  • USFDA inspection at Levittown manufacturing facility.
  • Introduced molnupiravir as Molnutor®.
  • Entered Voluntary Licensing Agreement with Lilly for Baricitinib for Covid-19.

2022

  • Acquired 100% stake in Curatio Health Care Private Limited.
  • Recommended bonus shares in 1:1 ratio.

2023

  • Signed licensing agreement with Zydus for co-marketing Saroglitazar Mg.
  • Started construction of Virochannagar manufacturing facility.
  • Received EIR from US FDA for Dahej facility.

2024

  • Entered into Non-Exclusive Patent Licensing Agreement with Takeda Pharmaceuticals for novel GI drug.
  • Commissioned subsidiaries in Colombia and Chile.

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