About Merind Limited unlisted/delisted shares
Merind Limited is a public limited company incorporated in India on Nov. 04, 1958 as a private limited company, its registered office address is "Readymoney Terrace, 2nd floor, Room no. 5, 167, Dr. Annie Besant Road, Worli, Mumbai,". The Company is the subsidiary of Dartmour Holdings Private Limited. Merind Limited (MERIN), is engaged in the manufacturing and sale of bulk drugs and formulations. it was also known as Merck Sharp & Dhome (India), the name was changed to Merind Limited on December. 17, 1984 when Tatas acquired 50% stake in equity, from Merck & Company Inc. USA. Wockhardt made an open offer in July 1998 for the acquisition of the entire equity stake in Merind Limited.
In March 1993, Merind limited issued 18,00,000 No. of equity shares of Rs.10 each at a premium of Rs.60 per share on rights basis in the prop. 1:1. fully Subscribed. Another 90,000 No. of equity shares of Rs.10 each at a premium of Rs.60 per share were offered to the employees but only 42,000 shares was subscribed.
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