Chemo Pharma Laboratories has been an established company since 1942 and has been making pharmaceuticals and also had diversified into bulk drugs. However, due to increase in competition and flow of new drugs, the company had to dispose the business and pay all its liabilities and dues.
Presently the company has its own cash resource, with this the company is proposing to diversify and to take over sick company which has excellent future potential. The company is in advance negotiation to some other company and soon rehab to acquire business in power and chemicals.
The board of directors of the company has been exploring new business opportunities since manufacturing operations becoming unviable were discontinued. The company has no secured loans and has surplus funds which can be leveraged to commence any new business.
The registered office of the company is located at 5, Kumud Apartment CHS, Karnik Road, Chikan Ghar, Kalyan, Thane District, Pin Code - 421301, Maharashtra.