Parenteral Drugs (India)

Parenteral Drugs (India) Limited is a public company that operates in the pharmaceutical sector, primarily manufacturing products and providing job work services. Its corporate governance philosophy aims for transparency, accountability, and fairness, ensuring it meets stakeholder aspirations through ethical business conduct and a consistent value system. The company is committed to absorbing and updating with technological advancements to develop innovative technologies for producing high-quality and affordable medicines. To ensure product standards, the technology it uses is designed to produce quality goods that are free from contamination. The company's management is in regular discussions with bankers to sanction a revival package and has received a one-time settlement proposal for outstanding dues. The company's operations are supported by a workforce of 909 permanent employees as of the end of the 2021 financial year.;