Lactose (India) Limited - Company Profile

Q: Who are the current directors of Lactose (India) Limited?

The current directors of Lactose (India) Limited are Nandan Srinath, Ritesh Pandey, Atul Maheshwari, Chandra Mohan Bhagavatula, Sangita Maheshwari, Sangita Maheshwari, Kishor Jivanbhai Patel.

It is a pharma public limited company based in Poicha, Gujarat, India, established in 1991.

1991 Poicha, Gujarat, India Active

Last Updated: February 19, 2026

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About Lactose (India) Limited

Lactose (India) Limited, a active public limited company, was established on 11 March 1991 in Poicha, Gujarat, India. Engaging in api manufacturers within the manufacturing sector, it holds CIN: L15201GJ1991PLC015186. Registered under ROC Roc Ahmedabad. it is listed on BSE: 524202. It has an authorized capital of ₹15.00 Cr and a paid-up capital of ₹12.59 Cr.

It upholds a compliant status. In 2023, it reported revenue of ₹66.53 Cr and a net worth of ₹40.56 Cr. Employing 136 professional, Its leadership includes Nandan Srinath (Director), Atul Maheshwari (Managing Director), Chandra Mohan Bhagavatula (Director). Past directors included Shyamsunder Bhorilal Toshniwal, Nandan Srinath, Suraj Kanmal Maheshwari. It holds ₹65.48 Cr open charges and ₹230.31 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Survey No.5,6 & 7A Village-Poicha (Rania). Taluka Savli District Vadodara, Poicha, Gujarat, 391780.

Company Details

CIN/LLPIN
L15201GJ1991PLC015186
Registration Number
015186
Incorporation Date
11 March 1991
Authorized Capital
₹15.00 Cr
Paid-Up Capital
₹12.59 Cr
ROC Code
Roc Ahmedabad
Listing Status
Listed (BSE: 524202)
Company Status
Active

Key Metrics

Authorised Capital ₹ 15.00 Cr as on 19-02-2026
Paid Up Capital ₹ 12.59 Cr as on 19-02-2026
Company Age 34 Year, 11 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 65.48 Cr as on 19-02-2026
Satisfied Charges ₹ 230.31 Cr as on 19-02-2026
Revenue Growth **** 2.47% (FY 2025)
Profit Growth **** -23.95% (FY 2025)
Ebitda **** -10.73% (FY 2025)
Net Worth 24.72% (FY 2025)
Total Assets **** 32.49% (FY 2025)

Comprehensive Company Insights

Explore comprehensive insights into Lactose (India) Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Lactose (India) Limited?

Current Directors

Name	Designation	Appointment Date	Status
Nandan Srinath	Director	08 Aug 2024	Current
Atul Maheshwari	Managing Director	11 Mar 1991	Current
Chandra Mohan Bhagavatula	Director	08 Aug 2024	Current
Sangita Maheshwari	Whole-Time Director	24 Jan 2014	Current
Kishor Jivanbhai Patel	Director	22 Aug 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	21 Dec 2021	Past
Pramod Abcsdd	Additional Director	29 Sep 2024	Past
Pramod Abcsdd	Managing Director	24 Jan 2014	Past
Pramod Abcsdd	Director	01 Oct 2009	Past
Pramod Abcsdd	Additional Director	01 Aug 2015	Past
Pramod Abcsdd	Director	04 Apr 2008	Past

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Financial Performance of Lactose (India).

Lactose (India) Limited, for the financial year ended 2025, experienced modest growth in revenue, with a 2.47% increase. The company also saw a substantial fall in profitability, with a 23.95% decrease in profit. The company's net worth Soared by an impressive increase of 24.72%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

2.47%

*******

Revenue from Operations

*******

2.20%

*******

Total Assets

*******

32.49%

*******

Profit or Loss

*******

-23.95%

*******

Net Worth

*******

24.72%

*******

EBITDA

*******

-10.73%

*******

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What is the Ownership and Shareholding Structure of Lactose (India)?

In 2024, Lactose (India) had a promoter holding of 53.65% and a public holding of 46.35%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹654,823,311.00

Satisfied Charges

₹2,303,098,000.00

Charges Breakdown by Lending Institutions

Others : 65.22 Cr
Hdfc Bank Limited : 0.26 Cr

Latest Charge Details

Date	Lender	Amount	Status
30 Jun 2025	Others	₹2.07 M	Open
23 Dec 2024	Others	₹1.54 M	Open
29 Jul 2024	Others	₹4.07 M	Open
10 Apr 2023	Others	₹64.45 Cr	Open
09 Jul 2021	Hdfc Bank Limited	₹2.65 M	Open

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How Many Employees Work at Lactose (India)?

Lactose (India) has a workforce of 136 employees as of Oct 10, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Lactose (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Lactose (India)'s trajectory.

Rating

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Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Lactose (India)

Recent Activity within the Organization

Charges

A charge with Others of Rs. 64.45 Cr registered on 10 Apr 2023 with Charge ID 100713054 was modified on 16 Dec 2025. was recorded as a recent event.
16 Dec 2025
Annual General Meeting

Lactose (India) Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.
30 Sep 2025
Director Appointment

The activity Kishor Jivanbhai Patel was appointed as a Director was appointed as a Director on 22 Aug 2025 & has been associated with this company since 6 months 10 days . was completed.
22 Aug 2025
Charges

Progress on A charge registered on 14 May 2019 via Charge ID 100268540 with Axis Bank Limited was fully satisfied on 18 Jul 2025. was documented.
18 Jul 2025
Charges

A charge with Others amounted to Rs. 0.21 Cr with Charge ID 101122812 was registered on 30 Jun 2025. was recorded as a recent event.
30 Jun 2025
Charges

A charge registered on 29 Nov 2023 via Charge ID 100822445 with Hdfc Bank Limited was fully satisfied on 27 Jun 2025. was recorded as a recent event.
27 Jun 2025

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