Shivalik Rasayan Limited, established in 1979, is a prominent manufacturer specializing in organophosphate insecticides, including Dimethoate Technical and Malathion Technical. In 2016, the company expanded its influence in the pharmaceutical sector by acquiring a 44.12% stake in Medicamen Biotech Limited, later taking full management control. By 2022, Shivalik had adjusted its stake in Medicamen to 41.96% through further share acquisitions.
In pursuit of growth, Shivalik Rasayan commissioned a new Agro & Specialty Chemical plant in Dahej-III in April 2023, indicating its commitment to expanding its production capabilities. This move aligns with their strategic focus on broadening their product offerings and enhancing market presence. The company's diversified interests in both the agricultural chemical and pharmaceutical sectors position it as a versatile player in the industry.
