
Shastha Pharma Laboratories Private Limited
About Shastha Pharma Laboratories Private Limited
Data last updated:
Shastha Pharma Laboratories Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 02 December 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24231KA1991PTC012570.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹2.56 Lakh. It is led by directors Sural Jayaprakash Mady and Sural Thammiah Raghavendramady.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.16/2 Ovh Road Basavanagudi Bangalore. Basavanagudi, Karnataka, India – 560004.
As per MCA filings, the company has satisfied charges of ₹4.3 Cr on record. Court records list 6 cases involving the company, including 6 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shastha Pharma Laboratories Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo.16/2 Ovh Road Basavanagudi Bangalore. Basavanagudi, Karnataka, India – 560004
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Shastha Pharma Laboratories Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Shastha Pharma Laboratories Private Limited
FY 2025 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Shastha Pharma Laboratories Private Limited, buy the company report.
Board of directors of Shastha Pharma Laboratories Private Limited
Shastha Pharma Laboratories has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sural Jayaprakash Mady | Director | 02 Dec 1991 | 34 Years 11 Months | Current |
| Sural Thammiah Raghavendramady | Director | 02 Dec 1991 | 34 Years 11 Months | Current |
Auditor
Shastha Pharma Laboratories Private Limited is audited by RAO & SWAMI for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAO & SWAMI | FY 2019 | 003105S |
Shareholding
The shareholding of Shastha Pharma Laboratories Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2015 |
|---|---|---|---|
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| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Shastha Pharma Laboratories Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jun 1994 | 90193810 | Karnataka Bank Ltd. | ₹20 Lakh | Satisfied | |
| 12 Feb 1994 | 90195161 | Karnataka Bank Ltd. | ₹4.1 Cr | Satisfied |
To see the full charge records of Shastha Pharma Laboratories Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Shastha Pharma Laboratories Private Limited has 6 court cases on record: 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 6 | 0 |
Cases on record (3 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Interim or miscellaneous application | Filed against the company by The Commissioner of Income Tax | Disposed |
| High Court of Karnataka | Tax appeal | Filed against the company by The Commissioner of Income Tax | Disposed |
| High Court of Karnataka | Court case (WTA) | Filed against the company by The Commissioner of Income Tax | Disposed |
To see the full case history of Shastha Pharma Laboratories Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shastha Pharma Laboratories Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Shastha Pharma Laboratories Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Shastha Pharma Laboratories Private Limited has 3 board changes on record since 1991: 2 appointments and 1 cessation. The latest: Sural Sadananda Mady ceased to be Director on 17 Apr 2011.
Frequently asked questions
Shastha Pharma Laboratories is an active private limited company based in Bangalore, Karnataka, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 02 December 1991 (35+ years old) and is registered under CIN U24231KA1991PTC012570.
Shastha Pharma Laboratories has 2 current directors:
- Sural Jayaprakash Mady - Director
- Sural Thammiah Raghavendramady - Director
The latest financial statements of Shastha Pharma Laboratories on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Shastha Pharma Laboratories is U24231KA1991PTC012570. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shastha Pharma Laboratories has 6 court cases on record: 6 filed against it.
Shastha Pharma Laboratories was incorporated on 02 December 1991, making it 35+ years old. It is registered with the Registrar of Companies, Bangalore.
Sural Sadananda Mady ceased to be Director on 17 Apr 2011. Sural Jayaprakash Mady was appointed as Director on 02 Dec 1991. Sural Thammiah Raghavendramady was appointed as Director on 02 Dec 1991.
The registered office of Shastha Pharma Laboratories is at No.162 Ovh Road Basavanagudi Bangalore. Basavanagudi, Karnataka, India – 560004.
Shastha Pharma Laboratories operates in the pharma industry, in the drug formulation and development segment.
Shastha Pharma Laboratories has no open charges and satisfied charges of ₹4.3 Cr as per latest MCA filings.

