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Goa Antibiotics & Pharmaceuticals Limited (GAPL ) ,  a  premier  Central Public  Sector  Pharma Company,  is a subsidiary of HLL Lifecare Limited under the  administrative  control of Ministry of Health & Family Welfare, Government of India. Enriched with nearly fifty years of experience in healthcare products manufacturing and services sector, HLL Lifecare Limited, a Mini Ratna  Central Public Sector Undertaking, is having major stake of GAPL, acquiring 74% on 19 March 2014 and balance  26% stake  is with  Government of Goa.
Earlier, GAPL was incorporated in the year 1980, as a joint Venture between Hindustan Antibiotics Limited (HAL), Pune  with 51% stake  and EDC Limited, a Government of Goa Undertaking which is a premier financial institution of Goa. The share holdings of HAL in GAPL were transferred in favour of  EDC Limited in the year 1987, with the consent of Government of India.