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Nagarjuna Agrichem Ltd. Company History and Annual Growth Details

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.


2004

-Nagarjuna Agrichem delisted from Madras & Hyderabad Stock Exchanges

-Nagarjuna Agrichem have recommended a dividend of 12%

2005

-Nagarjuna Agrichem has recommended a Final Dividend of 7% in addition to the special dividend of 15%

2006

-Nagarjuna Agrichem has recommended payment of interim dividend to the shareholders of the company at the rate of 20%

2007

-Nagarjuna Agrichem has recommended a Final Dividend of 20%

2008

-Nagarjuna Agrichem has recommended a Final Dividend of 15%

2009

-Mr. Ashok Muni has been appointed as Director and Chief Operating Officer (COO) of the Company.

2010

-Nagarjuna Agrichem have recommended a Final Dividend of 30%

2011

-Nagarjuna Agrichem has incorporated a new overseas subsidiary office in Australia in the name as "NAGARJUNA AGRICHEM (AUSTRALIA) PTY LTD"

-Mr. V. Vijay Shankar has been appointed as the Managing Director of the Company.

2012

-Company has splits its Face value of Shares from Rs 10 to Re 1

-Nagarjuna Agrichem launches State-of-the-Art R&D Center, Embarks on a significant market expansion drive.

2013
-Board of Directors of the Company decided to issue Bonus Shares.
-Nagarjuna Agrichem has announces bonus in the ratio of 3:14

2014
-Board of Directors of the Company has approved the re-appointment of Mr. V. Vijay Shankar, as Managing Director of the Company.

2016
-Nagarjuna Agrichem Ltd has informed regarding "'Best Management Award’ from Govt. of Andhra Pradesh".

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