Bought for Rs 12.5 cr, sold at Rs 2000 cr; How Zandu scion scaled API business 160 times in 12 years
Remember Zandu balm?
Back in 2008, Nihar Parikh had no inkling about the ferocity of the takeover battle between his family and Kolkata based Emami NSE 0.94 % who had raided their family’s crown jewel – the 100 year old OTC and ayurveda company Zandu Pharmaceuticals, makers of the eponymous pain relief balm, chyawanprash etc.
Like most 22-year olds, Nihar loved his weekend pub crawls in Antwerp, taking several swigs of his fav ..
Read more at: https://economictimes.indiatimes.com/news/company/corporate-trends/bought-for-rs-12-5-cr-sold-at-rs-2000-cr-how-zandu-scion-scaled-api-biz-160-times-in-12-yrs/articleshow/81422044.cms