|The Company is an associate of Nagarjuna Fertilizers & Chemicals Limited, NSL Limited and Nagarjuna Finance Limited. The Company was originally incorporated on 11th November 1986 as East India Finance Limited, and was carrying on the business of Hire Purchase, Leasing and
Deposit Mobilisation. As the Company was interested in setting up a project for manufacture of Monocrotophos, and in order to rationalize the finance business of the group, the name of the Company was changed to Chemagro International Ltd., pursuant to the Special Resolution
passed on 18th December 1992 and a fresh Certificate of Incorporation was obtained on 11th January 1993.
-Nagarjuna Agrichem delisted from Madras & Hyderabad Stock Exchanges