Incorporated in 1991 Hindustan Softel Ltd the company commenced its operations in 1992. The company was previously engaged in cement manufacturing and due to sluggish in the industry the company diversified its business into Bio Technology & Pharmaceuticals activities and the name of the company was changed from Garuda Cements to Hindustan Bio-Sciences Ltd. In 2001 the company diversified into software field and subsequently changed its name to Hindustan Softel Limited which presently has been changed into Hindustan Bio Sciences Ltd. The company has acquired the shares of Venkar Chemicals Ltd during the year 2004 and consequent of this acquisition,Venkar Chemicals Ltd has become Wholly owned subsidiary of the company with effect from 19.08.2004.