Mylan laboratories limited
ActiveMylan was a global generic and specialty pharmaceuticals company committed to setting new standards in healthcare and providing access to high-quality medicine. In November 2020, Mylan merged with Upjohn, Pfizer's off-patent medicine division, to form Viatris. Viatris is a new global healthcare company dedicated to empowering people to live healthier lives at every stage of life.
Company Overview
| Category | Company limited by shares |
| Class | Public |
| Sub-Category | Non-government company |
| Listed | Unlisted |
| Age | 40 years, 6 months, 28 days |
| Auth. Capital | ₹1,25,00,00,000 |
| Paid-Up Capital | ₹48,70,25,270 |
| Last AGM | 30-09-2024 |
| Last Balance Sheet | 31-03-2024 |
Business Activity
| NIC Code | 2423 |
| Sector | Manufacture of pharmaceuticals, medicinal chemicals and botanical products |
| Division | MANUFACTURE OF CHEMICALS AND CHEMICAL PRODUCTS |
| Group | Manufacture of other chemical products |
Profit & Loss (Cr.)
Year-wise financial performance. All values in Indian Rupees Crore (Cr.).
| Financial Year | Paid Up Capital | Net Worth | Total Income | Total Expense | Profit Before Tax | Income Tax | Profit After Tax |
|---|---|---|---|---|---|---|---|
| 2024 | 48.70 | 5602.84 | 9761.70 | 9270.28 | 491.42 | 85.17 | 406.25 |
| 2023 | 48.70 | 9509.34 | 10955.04 | 10509.55 | 445.49 | -34.82 | 480.31 |
| 2022 | 48.70 | 9137.17 | 12000.95 | 11526.56 | 474.39 | -168.45 | 642.83 |
| 2021 | 48.70 | 8588.20 | 13438.19 | 12465.88 | 972.32 | -140.00 | 1112.31 |
| 2020 | 48.70 | 7059.68 | 12485.35 | 12066.85 | 418.50 | 236.88 | 181.62 |
| 2019 | 48.70 | 7175.08 | 11277.84 | 11626.38 | -348.54 | 59.73 | -408.27 |
| 2018 | 48.70 | 7712.20 | 10066.38 | 10367.68 | -301.30 | 34.64 | -335.94 |
| 2017 | 48.70 | 8112.63 | 10024.97 | 10662.30 | -637.32 | -167.77 | -469.55 |
| 2016 | 48.70 | 6825.33 | 9817.27 | 10123.69 | -306.42 | -171.67 | -134.75 |
| 2015 | 37.86 | 4713.08 | 8352.50 | 8285.14 | 67.36 | -66.93 | 134.28 |
Financial Performance Over the Years
Current Directors & Key Managerial Personnel
Directors currently active in Mylan laboratories limited.
| DIN | Name | Designation | Appointed On | Wealth Segment | Current Directorships |
|---|---|---|---|---|---|
| 10603923 | RAMYA SURESH | Director | 2024-05-14 | – | 1 |
| 02680074 | SARADA KALYANI BHAGAWATI | Whole-time director | 2014-11-01 | – | 4 |
| 10560284 | ARVIND SHANKAR KANDA | Whole-time director | 2024-04-02 | – | 1 |
| 00120557 | RAJIV MALIK | Director | 2008-07-01 | – | 4 |
| 10517236 | AKSHAY NANDA | Director | 2024-03-11 | – | 1 |
Past Directors & Key Managerial Personnel
Former directors who have ceased their association with Mylan laboratories limited.
| DIN | Name | Designation | Appointed On | Wealth Segment | Cessation Date |
|---|---|---|---|---|---|
| 00024262 | ARUN DUGGAL | Director | - | – | 2007-01-08 |
| 00057284 | MOHIT SARAF | Additional Director | - | – | 2015-08-14 |
| 00057284 | MOHIT SARAF | Director | - | – | 2024-04-26 |
| 00014595 | PRASAD NIMMAGADDA | Director | - | – | 2009-09-25 |
| 00014595 | PRASAD NIMMAGADDA | Managing Director | - | – | 2007-01-08 |
| 02168682 | SANJEEV KUMAR SETHI | Additional Director | - | – | 2010-09-24 |
| 02168682 | SANJEEV KUMAR SETHI | Director | - | – | 2014-11-01 |
| 10603923 | RAMYA SURESH | Additional Director | - | – | 2024-05-19 |
| 02680074 | SARADA KALYANI BHAGAWATI | Additional Director | - | – | 2014-11-01 |
| 10560284 | ARVIND SHANKAR KANDA | Additional Director | - | – | 2024-05-19 |
| 00120557 | RAJIV MALIK | Managing Director | - | – | 2008-07-01 |
| 00120557 | RAJIV MALIK | Whole-time director | - | – | 2007-01-08 |
| 00143973 | PUNEET BHATIA | Director | - | – | 2009-09-25 |
| 00182743 | SUSANTO BANERJEE | Director | - | – | 2014-11-01 |
| 00182743 | SUSANTO BANERJEE | Whole-time director | - | – | 2012-09-28 |
| 00204774 | CHUNDURI RAMAKRISHNA | Director | - | – | 2009-09-28 |
| 00298969 | JAGDISH VISWANATH DORE | Additional Director | - | – | 2008-07-01 |
| 00298969 | JAGDISH VISWANATH DORE | Managing Director | - | – | 2008-12-31 |
| 01119687 | HARI BABU BODEPUDI | Additional Director | - | – | 2009-10-07 |
| 01119687 | HARI BABU BODEPUDI | Managing Director | - | – | 2014-11-01 |
| 01119687 | HARI BABU BODEPUDI | Whole-time director | - | – | 2012-08-17 |
| 00005292 | KUGALUR RAMSESHA VENKATA SUBRAHMANIAN | Director | - | – | 2009-09-25 |
| 00014652 | SESHAN SRINIVASAN | Additional Director | - | – | 2009-01-01 |
| 00014652 | SESHAN SRINIVASAN | Director | - | – | 2011-09-22 |
| 00014652 | SESHAN SRINIVASAN | Managing Director | - | – | 2011-04-15 |
| 00022285 | RAJIV KRISHAN LUTHRA | Additional Director | - | – | 2015-08-14 |
| 00022285 | RAJIV KRISHAN LUTHRA | Director | - | – | 2023-05-10 |
| 06997113 | RAKESH BAMZAI | Additional Director | - | – | 2014-11-01 |
| 06997113 | RAKESH BAMZAI | CEO | - | – | 2024-03-31 |
| 06997113 | RAKESH BAMZAI | Managing Director | - | – | 2024-03-31 |
| 10329289 | NAGARAJ GOUD BODIGE | Company Secretary | - | – | 2010-11-09 |
| 10517236 | AKSHAY NANDA | Additional Director | - | – | 2024-05-19 |
Satisfied Charges
| Charge ID | 90262350 |
| Holder | IDBI BANK LTD. |
| Amount | ₹12,00,00,000 |
| Created | 19-09-2003 |
| Satisfied | 18-06-2004 |
| Assets | null |
| Charge ID | 90262253 |
| Holder | COOPERATIVE CENTRALE RAIFFEISEN - BOERENFEENBANK B.A. |
| Amount | ₹50,00,000 |
| Created | 24-02-2003 |
| Satisfied | 01-05-2005 |
| Assets | null |
| Charge ID | 90262220 |
| Holder | PUNJAB NATIONAL BANK |
| Amount | ₹7,50,00,000 |
| Created | 14-11-2002 |
| Satisfied | 23-04-2005 |
| Assets | null |
| Charge ID | 90260738 |
| Holder | ANDHRA PRADESH STATE FINANCIAL CORPAORATION |
| Amount | ₹2,63,000 |
| Created | 25-11-1988 |
| Satisfied | 23-04-2005 |
| Assets | null |
| Charge ID | 90260687 |
| Holder | AP STATE FINANCIAL CORPORATION |
| Amount | ₹36,35,000 |
| Created | 11-02-1988 |
| Satisfied | 23-04-2005 |
| Assets | null |
| Charge ID | 90128817 |
| Holder | ANDHRA BANK |
| Amount | ₹18,60,00,000 |
| Created | 12-04-2005 |
| Satisfied | 12-11-2014 |
| Assets | null |
| Charge ID | 10038930 |
| Holder | HDFC BANK LIMITED |
| Amount | ₹45,00,00,000 |
| Created | 19-02-2007 |
| Satisfied | 08-08-2014 |
| Assets | null |
| Charge ID | 10015348 |
| Holder | ABN AMRO BANK |
| Amount | ₹45,00,00,000 |
| Created | 09-07-2006 |
| Satisfied | 08-06-2014 |
| Assets | null |
| Charge ID | 10179307 |
| Holder | INDUSIND BANK LTD. |
| Amount | ₹30,00,00,000 |
| Created | 21-07-2009 |
| Satisfied | 31-07-2014 |
| Assets | Immovable property or any interest therein; Book debts; Movable property (not being pledge) |
| Charge ID | 10073046 |
| Holder | Bank of Nova Scotia |
| Amount | ₹40,00,00,000 |
| Created | 21-09-2007 |
| Satisfied | 30-07-2014 |
| Assets | null |
| Charge ID | 10155499 |
| Holder | THE BANK OF NOVA SCOTIA |
| Amount | ₹40,00,00,000 |
| Created | 20-03-2009 |
| Satisfied | 30-07-2014 |
| Assets | Immovable property or any interest therein |
| Charge ID | 90130616 |
| Holder | HDFC BANK LIMITED |
| Amount | ₹43,40,00,000 |
| Created | 15-01-2005 |
| Satisfied | 23-07-2014 |
| Assets | null |
| Charge ID | 90130372 |
| Holder | HDFC BANK LIMITED |
| Amount | ₹26,25,00,000 |
| Created | 01-12-2003 |
| Satisfied | 23-07-2014 |
| Assets | null |
| Charge ID | 10198487 |
| Holder | The Royal Bank of Scotland N. V. |
| Amount | ₹47,00,00,000 |
| Created | 08-01-2010 |
| Satisfied | 21-07-2014 |
| Assets | null |
| Charge ID | 10268093 |
| Holder | DBS Bank Ltd |
| Amount | ₹48,00,00,000 |
| Created | 27-01-2011 |
| Satisfied | 18-07-2014 |
| Assets | Book debts; Movable property (not being pledge) |
| Charge ID | 90262408 |
| Holder | State Bank of India |
| Amount | ₹8,10,40,00,000 |
| Created | 28-01-2004 |
| Satisfied | 07-04-2014 |
| Assets | null |
| Charge ID | 10179308 |
| Holder | INDUSIND BANK LTD. |
| Amount | ₹70,00,00,000 |
| Created | 21-07-2009 |
| Satisfied | 20-06-2014 |
| Assets | Immovable property or any interest therein; Book debts |
| Charge ID | 10198643 |
| Holder | The Hongkong and Shanghai Banking Corporation Limited |
| Amount | ₹8,10,40,00,000 |
| Created | 03-02-2010 |
| Satisfied | 13-06-2014 |
| Assets | null |
| Charge ID | 90130414 |
| Holder | The Royal Bank of Scotland NV |
| Amount | ₹70,00,00,000 |
| Created | 18-02-2004 |
| Satisfied | 06-12-2014 |
| Assets | null |
| Charge ID | 90130385 |
| Holder | The Bank of Nova Scotia |
| Amount | ₹1,00,00,00,000 |
| Created | 29-12-2003 |
| Satisfied | 06-11-2014 |
| Assets | null |
| Charge ID | 10296577 |
| Holder | DBS Bank Limited |
| Amount | ₹48,00,00,000 |
| Created | 23-06-2011 |
| Satisfied | 06-06-2014 |
| Assets | null |
| Charge ID | 10485829 |
| Holder | YES BANK LIMITED |
| Amount | ₹40,00,00,000 |
| Created | 27-11-2012 |
| Satisfied | 29-04-2014 |
| Assets | Movable property (not being pledge) |
| Charge ID | 10380757 |
| Holder | Export - Import Bank of India |
| Amount | ₹1,50,00,00,000 |
| Created | 08-10-2012 |
| Satisfied | 12-06-2013 |
| Assets | Book debts; Floating charge; Movable property (not being pledge) |
| Charge ID | 10260665 |
| Holder | CENTRAL BANK OF INDIA |
| Amount | ₹2,37,50,00,000 |
| Created | 18-12-2010 |
| Satisfied | 12-05-2013 |
| Assets | null |
| Charge ID | 10317010 |
| Holder | Axis Bank Limited |
| Amount | ₹2,27,52,50,000 |
| Created | 24-10-2011 |
| Satisfied | 12-05-2013 |
| Assets | Book debts; Movable property (not being pledge) |
| Charge ID | 10247025 |
| Holder | CENTRAL BANK OF INDIA |
| Amount | ₹1,30,00,00,000 |
| Created | 16-09-2010 |
| Satisfied | 12-05-2013 |
| Assets | Immovable property or any interest therein; Movable property (not being pledge) |
| Charge ID | 10365980 |
| Holder | YES BANK LIMITED |
| Amount | ₹60,00,00,000 |
| Created | 10-07-2012 |
| Satisfied | 12-05-2013 |
| Assets | null |
| Charge ID | 10363775 |
| Holder | AXIS BANK LIMITED |
| Amount | ₹2,95,00,00,000 |
| Created | 20-06-2012 |
| Satisfied | 12-05-2013 |
| Assets | null |
| Charge ID | 10329066 |
| Holder | Axis Bank Limited |
| Amount | ₹95,00,00,000 |
| Created | 24-12-2011 |
| Satisfied | 12-05-2013 |
| Assets | null |
| Charge ID | 10317005 |
| Holder | Axis Bank Limited |
| Amount | ₹2,27,52,50,000 |
| Created | 24-10-2011 |
| Satisfied | 12-05-2013 |
| Assets | null |
| Charge ID | 10430983 |
| Holder | ICICI BANK LIMITED |
| Amount | ₹1,70,00,00,000 |
| Created | 11-06-2013 |
| Satisfied | 12-05-2013 |
| Assets | Floating charge; Movable property (not being pledge) |
| Charge ID | 10373581 |
| Holder | THE RATNAKAR BANK LIMITED |
| Amount | ₹50,00,00,000 |
| Created | 18-07-2012 |
| Satisfied | 09-05-2013 |
| Assets | null |
| Charge ID | 90262415 |
| Holder | ANDHRA BANK |
| Amount | ₹17,50,00,000 |
| Created | 06-02-2004 |
| Satisfied | 07-09-2013 |
| Assets | null |
| Charge ID | 10213661 |
| Holder | STATE BANK OF INDIA |
| Amount | ₹4,70,00,00,000 |
| Created | 16-02-2010 |
| Satisfied | 07-04-2013 |
| Assets | Book debts; Floating charge; Movable property (not being pledge) |
| Charge ID | 90262250 |
| Holder | EXPORT - IMPORT BANK OF INDIA |
| Amount | ₹10,00,00,000 |
| Created | 18-02-2003 |
| Satisfied | 28-08-2012 |
| Assets | null |
| Charge ID | 90262263 |
| Holder | EXPORT - IMPORT BANK OF INDIA |
| Amount | ₹50,00,000 |
| Created | 13-03-2003 |
| Satisfied | 28-08-2012 |
| Assets | null |
| Charge ID | 90257097 |
| Holder | EXPORT - IMPORT BANK OF INDIA |
| Amount | ₹12,00,00,000 |
| Created | 13-12-2001 |
| Satisfied | 28-08-2012 |
| Assets | Book debts |
| Charge ID | 90262252 |
| Holder | EXPORT - IMPORT BANK OF INDIA |
| Amount | ₹50,00,000 |
| Created | 22-02-2003 |
| Satisfied | 28-08-2012 |
| Assets | null |
| Charge ID | 90126803 |
| Holder | EXPORT-IMPORT BANK OF INDIA |
| Amount | ₹35,00,000 |
| Created | 03-03-2004 |
| Satisfied | 28-08-2012 |
| Assets | null |
| Charge ID | 10079713 |
| Holder | Export-Import Bnk of India (EXIM Bank) |
| Amount | ₹1,02,00,00,000 |
| Created | 24-12-2007 |
| Satisfied | 28-08-2012 |
| Assets | Movable property (not being pledge) |
| Charge ID | 90262102 |
| Holder | EXPORT - IMPORT BANK OF INDIA |
| Amount | ₹12,00,00,000 |
| Created | 13-12-2001 |
| Satisfied | 28-08-2012 |
| Assets | null |
| Charge ID | 90262226 |
| Holder | STATE BANK OF INDIA |
| Amount | ₹4,60,75,00,000 |
| Created | 02-12-2002 |
| Satisfied | 08-07-2012 |
| Assets | Book debts |
| Charge ID | 90261572 |
| Holder | STATE BANK OF INDIA |
| Amount | ₹10,05,00,000 |
| Created | 03-12-1997 |
| Satisfied | 08-07-2012 |
| Assets | Book debts |
| Charge ID | 90260695 |
| Holder | STATE BANK OF INDIA |
| Amount | ₹49,00,000 |
| Created | 28-03-1988 |
| Satisfied | 08-07-2012 |
| Assets | Book debts |
| Charge ID | 90261940 |
| Holder | STATE BANK OF INDIA |
| Amount | ₹49,00,000 |
| Created | 18-07-2000 |
| Satisfied | 08-07-2012 |
| Assets | null |
| Charge ID | 90260752 |
| Holder | STATE BANK OF INDIA |
| Amount | ₹49,00,000 |
| Created | 28-03-1989 |
| Satisfied | 08-07-2012 |
| Assets | null |
| Charge ID | 90261237 |
| Holder | STATE BANK OF INDIA |
| Amount | ₹4,38,20,000 |
| Created | 07-06-1995 |
| Satisfied | 08-07-2012 |
| Assets | Book debts |
| Charge ID | 10009892 |
| Holder | The Hongkong & Shanghai Banking Corporation Ltd. |
| Amount | ₹45,86,02,000 |
| Created | 21-07-2006 |
| Satisfied | 17-07-2012 |
| Assets | Book debts |
| Charge ID | 10180050 |
| Holder | The Hongkong and Shanghai Banking Corporation Limited |
| Amount | ₹86,62,50,000 |
| Created | 21-10-2009 |
| Satisfied | 17-07-2012 |
| Assets | Book debts; Movable property (not being pledge) |
| Charge ID | 10178790 |
| Holder | YES BANK LIMITED |
| Amount | ₹50,00,00,000 |
| Created | 11-09-2009 |
| Satisfied | 07-11-2012 |
| Assets | Book debts; Floating charge; Movable property (not being pledge) |
| Charge ID | 10301817 |
| Holder | YES BANK LIMITED |
| Amount | ₹40,00,00,000 |
| Created | 05-07-2011 |
| Satisfied | 06-04-2012 |
| Assets | Book debts; Floating charge; Movable property (not being pledge) |
| Charge ID | 10154885 |
| Holder | RATNAKAR BANK LTD |
| Amount | ₹25,00,00,000 |
| Created | 11-03-2009 |
| Satisfied | 11-12-2010 |
| Assets | Movable property (not being pledge) |
| Charge ID | 90126787 |
| Holder | Export-Import Bank of India |
| Amount | ₹75,00,00,000 |
| Created | 28-01-2004 |
| Satisfied | 27-07-2010 |
| Assets | null |
| Charge ID | 90194605 |
| Holder | ANDHRA BANK |
| Amount | ₹8,40,00,000 |
| Created | 26-03-2005 |
| Satisfied | 23-09-2009 |
| Assets | null |
| Charge ID | 10014422 |
| Holder | STATE BANK OF INDIA |
| Amount | ₹74,00,00,000 |
| Created | 26-05-2006 |
| Satisfied | 22-11-2008 |
| Assets | Book debts |
Employee Trend (PF)
Monthly EPF contribution data showing employee headcount and wages paid.
| Month | Employee Count | Amount Paid (EPF) |
|---|---|---|
| SEP-24 | 7658 | ₹10,47,13,762 |
| OCT-24 | 7671 | ₹10,44,58,803 |
| NOV-24 | 7668 | ₹10,35,54,849 |
| DEC-24 | 7636 | ₹10,30,80,967 |
| JAN-25 | 7636 | ₹10,31,01,206 |
| FEB-25 | 7641 | ₹10,27,82,713 |
| MAR-25 | 7653 | ₹10,94,69,062 |
| APR-25 | 7665 | ₹11,05,42,796 |
About Mylan
Mylan laboratories limited (CIN: U24231TG1984PLC005146) is a active public company incorporated on 1984-11-29, registered under ROC Hyderabad. The company operates in the manufacture of pharmaceuticals, medicinal chemicals and botanical products sector (NIC Code: 2423).
For financial year 2024, Mylan laboratories limited reported a total income of ₹97,61,69,80,000, placing it in the 500+ Crore INR revenue bracket .
The company has 5 current directors : RAMYA SURESH , SARADA KALYANI BHAGAWATI , ARVIND SHANKAR KANDA , RAJIV MALIK , AKSHAY NANDA . 32 past directors are also on record.
Registered Address: Plot No.564/A/22 Road No.92 Jubilee Hills, NA, Hyderabad, Telangana 500096, India