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Chambal Fertilisers & Chemicals Ltd. Company History and Annual Growth Details


- The Company was incorporated on 7th, May, as a public limited company
by the name of Aravali Fertilisers Limited with the immediate object of
setting up a gas based fertiliser plant at Sawai Madhopur. The
Certificate of Commencement of business was obtained on 18th July, 1985
from the Registrar of Companies, Rajasthan at Jaipur.

- The Company had to change the project site to village Gadepan,
District Kota, Rajasthan following objections raised by Ministry of
Environment regarding proximity of the site to wild life sanctuary.


- The name of the Company was changed to the Chambal Fertilisers and
Chemicals Ltd., on 12th January.

- The Company is Promoted by Zuari Agro Chemicals Limited ("ZACL"), a
Goa based fertiliser Company which has been honoured five times in a
row for top ranking performance by the Fertiliser Association of India
(FAI). ZACL has also received the FAI award for environmental
protection in the year. ZACL commissioned their first Urea plant in

- ZACL presently holds 2,80,00,000 Equity Shares of Rs.10 each and
3,00,000 CCP Shares of Rs.100 each in the subscribed and paid-up
capital of the Company.

- The Company has entered into a technical collaboration agreement with
Snamprogetti S.p.a, Italy. Snamprogetti is a part of the public-sector
ENI group of companies in Italy.


- The Equity shares of the aggregate value of Rs. 427814070 and
Cumulative Convertible Preference Shares of an aggregate value of Rs.
405967500 have been subscribed under promoters' category.

- The Company has marketed 2,40,000 MT of Urea under the brand name

- The Company has launched a market seeding programme during the year.


- The Company came out with its maiden mega Public Issue aggregating to
Rs 424 crores.


- The Company had issued 42,96,095 Cumulatve Convertible Preference
(CCP) shares of Rs.100 each which are to be converted into equity
shares at par at the end of 5th year from the various dates of
allotment. Out of the aforesaid CCP shares, 20,05,580 CCP shares
become due for conversion in September.

- The company has commenced commercial production from 1st January.


- Accordingly 20,05,580 CCP Shares of Rs. 100 each were converted on
22nd September 1994 into 2,00,55,800 No. of Equity Shares of Rs. 10
each at par and 2,04,910 CCP Shares of Rs. 100 each into 20,49,100
Equity Shares of Rs. 10 each at par on 1st March 1995. The Equity
Share Capital of the Company has thus increased to Rs. 346.14 crores
after the conversion of 22,10,490 CCP Shares.

- The Company has introduced an innovative scheme under its "KISAN
SAHYOG YOJANA", to establish a two way communication channel with the
consumers through direct mail.

- The Company is also exploring the possibility of setting up an
off-shore joint venture fertiliser project of a similar capacity in one
of the Gulf Countries where abundant natural gas is available.


- 10,98,225 CCP Shares of Rs. 100 each were converted into 1,09,82,250
Equity Shares of Rs. 10 each at par during the year. The Equity Share
Capital of the Company has thus increased to Rs. 357.13 crores after
the conversion of CCP Shares.

- The Company proposes to undertake an expansion programme to double
the capacity of the fertiliser plant at Gadepan by installing another
1350 TPD Ammonia Plant with twin 1175 TPD Urea plant.


- The Company has awarded the contract to Toyo Engineering Corporation,
Japan, Mitsui & Co Ltd, Japan and Toyo Engineering India Ltd., to set
up the second train at the same site.

- The Company is a joint venture company in Morocco with Office
Cherifien Des Phosphates, a Moroccan Government Company, to set up a
plant at Jorf Lasfar to manufacture 3,30,000 tonnes per annum of P205
as merchant grade Phosphoric Acid.

- The Company issued on 14th October 3,90,00,000 convertible warrants
of Rs. 10 each to its core promoters on the terms and conditions based
on SEBI guidelines.

- The Company had entered into an agreement in August, with National
Securities Depository Limited to provide facility of electronic shares
through dematerialisation of physical scrips.


- During the year, the remaining 2,36,420 CCP Shares of Rs. 100 each
were converted into 23,64,200 No. of Equity Shares of Rs. 10 each at
par. Equity Share Capital of the Company has thus increased to Rs. 367
crores after the conversion of CCP Shares.

- The Company had promoted a Joint Venture Company named Indo Maroc
Phosphore S.A. in Morocco in collaboration with Office Cherifien Des
Phosphates (OCP), a Moroccan Government Company.

- The Software Division of the Company named as `India Software Group'
(ISG) has been set up at Chennai to cater to domestic and international
software development business.


- The Company allotted 390 lac equity shares of Rs. 10 each at a
premium of Rs. 1.63 per share on 12th April, on conversion of the above
warrants. The equity share capital of the Company has thus increased
to Rs. 406 crores.

- The Company proposes to set up a Joint Venture Project in India in
collaboration with M/s. Technico Pty. Ltd.

- The Company, during the year, became a partner with Birla Textile
Mills, Baddi, The Hindustan Times Limited, Texmaco Limited and Sutlej
Industries Limited w.e.f. 1st October.

- The Phosphoric Acid plant of Indo Maroc Phosphore SA, the JVC set up
in Morocco to manufacture 330,000 MT of Phosphoric Acid per annum, went
into commercial production on 1st November.


- The Company has allotted 2,50,00,000 - 9.4 per cent redeemable
non-convertible cumulative preference shares of Rs 10 each to housing
Development Finance Corporation Ltd. on 31st May.

- Birla Home Finance Ltd, a wholly-owned subsidiary of Chambal
Fertilizers and Chemicals Ltd, part of the K.K. Birla group, has
launched its retail home finance operations.

- The joint venture between Chambal Fertilisers and Chemicals Ltd,
belonging to the K K Birla group and Office Cherifien Des Phosphates of
Morocco to set up 330,000 MTA high-tech prosphoric acid plant in
Morocco is estimated to cost $228 million.

- Birla Home Finance Ltd, a wholly-owned subsidiary of Chambal
Fertilizers and Chemicals Ltd, has entered into a 50:50 joint-venture
with BHW Holding AG of Germany.

- The Company is setting up a Spinning Unit namely Birla Textile Mills
with an installed capacity of 26,400 spindles at Baddi, Distt. Solan,
Himachal Pradesh.

- Chambal Agritech Limited, a 50:50 Joint Venture with Technico
Pty.Limited of Australia, is setting up a project in Himachal Pradesh,
India to manufacture annually 20.52 million miniature potato seeds

- Chambal Fertilisers has developed a new website dedicated to the
Indian farmers.


- Birla Home Finance, a 50:50 joint venture between Chambal Fertilisers
and BHW Holding AG, Germany, launched its Bangalore operations with an
array of home finance products.

- The Company has issued 11.75% secured Non Convertible Debentures of
Rs 100 each aggregating to Rs 55 crores to LIC and UTI at par.


-Chambal Fertilisers and Chemicals Ltd has informed BSE that the Board of Directors at its meeting held today (January 13, 2003) has appointed Mr Sunil Sethy as Joint Managing Director for a period of 5 years with effect from April 01, 2003.

-CFCL has entered into various agreements with the concerned parties including Technico
pty Ltd Australia for acquisition of 51% equity stake in Technico Pty Ltd.

- CFCL has decided to spin off its software division - India Software Group into a
separate entity.

-CRISIL has assigned AAA (SO) rating to the issue of Non-Convertible Redeemable
debentures by the company amounting to Rs.61.75 crs on private placement basis.

-Mr.D B Engineer and Mr. P.K Paul have resigned from the Board of Directors of the company.

-Chambal Fertilisers has registered 1.8% drop in sales of its fertiliser and is earning
very less returns.

-Board approved delisting of the company's equity shares from Jaipur, Delhi, Hyderabad & Calcutta Stock Exchanges.

-Company has informed that The Hindustan Times Limited has acquired 1,41,957 (0.03%) shares.

2004- The company appoints Mr SK Poddar as Non-executive 'Co-Chairman'


-Chambal Fertilisers & Chemicals Ltd has informed that the Company has signed Shipbuilding Contracts with Hyundai Heavy Industries Company Ltd.


-Chambal Fertilisers & Chemicals Ltd has appointed Mr. Anil Kapoor as Managing Director of the Company and his appointment will become effective from February 16, 2007


-Chambal Fertilisers & Chemicals Ltd has Certified IS0 9001:2008 by Det Norske Veritas (DNV)


-West Central Railway Platinum Card Customer Award - Railway Freight Payment over Rs. 100 Crores.


-Chambal Fertilisers & Chemicals Ltd has taken delivery of a new Aframax Tanker - Ratna Shalini (DWT 105,000 MT) from M/s. Hyundai Heavy Industries Co. Ltd.

-Fertiliser Association of India - Best Technical Innovation.


-Chambal Fertilisers & Chemicals Ltd has proposed demerger of the shipping division of the Company into India Steamship Limited, presently a wholly owned subsidiary of the Company.

-Fertiliser Association of India - Runners Up Award for Best Performance among Nitrogenous Fertiliser Plants.


-Chambal Fertilisers & Chemicals Q2 net up 20% at Rs 109.53 cr

-"Single Super Phosphate plant commissioned"Award at Gadepan.

-Chambal Fertilisers & Chemicals Ltd has recommended a dividend of Rs. 1.90 per equity share of Rs. 10 each of the Company.
- Chambal Fertilisers & Chemicals Ltd has informed about the details of employee benefit scheme involving dealings in secondary market.

-Chambal Fertilisers & Chemicals Ltd has recommended a dividend of Rs. 1.90 per equity share of Rs. 10 each of the Company.