Jubilant Agri and Consumer Products Ltd. Company History and Annual Growth Details

The Company was incorporated as a private limited company under the Companies Act, 1956, in Uttar Pradesh, India, under the name of Canonical Infotech Solutions Private Limited pursuant to a certificate of incorporation dated August 21, 2008 issued by the Deputy Registrar of Companies, Uttar Pradesh and Uttranchal. The name of the Company was changed from its initial name of Canonical Infotech Solutions Private Limited to Jubilant Agri and Retail Private Limited by a fresh certificate of incorporation consequent upon change of name dated March 7, 2011 issued by the Assistant Registrar of Companies, Uttar Pradesh and Uttranchal. Thereafter, the name of the Company was again changed from Jubilant Agri and Retail Private Limited to Jubilant Agri and Consumer Products Private Limited by a fresh certificate of incorporation consequent upon change of name dated May 6, 2011 issued by the Registrar of Companies, Uttar Pradesh and Uttranchal. Subsequently, the name of the Company was again changed from Jubilant Agri and Consumer Products Private Limited to its current name of Jubilant Agri and Consumer Products Limited by a fresh certificate of incorporation consequent upon change of name on conversion to public limited company dated May 10, 2011 issued by the Assistant Registrar of Companies, Uttar Pradesh and Uttranchal.

Major Events:

2012

- The Allahabad High Court vide its order dated January 16, 2012 sanctioned the scheme of arrangement between Enpro Oil Private Limited, JIL and the Company and their respective shareholders and creditors under Sections 391-394 of the Companies Act, 1956 which inter alia provided for:

(i) transfer by way of a slump sale of JIL’s business pertaining to (A) manufacturing and sale of agri products, consisting of SSP and agro chemicals for crop products; and (B) manufacturing and sale of consumer products, into the Company.

(ii) Transfer by demerger of Enpro Oil Private Limited’s business pertaining to the sale of consumer products, whole sale cash and carry trade and leasing, into the Company.

2016

- The Allahabad High Court vide its order dated October 1, 2015 sanctioned the reduction in securities premium amount appearing in the Company’s books of accounts by Rs. 204,11,19,478 (i.e. from Rs. 259,73,80,830 to Rs. 55,62,61,352), by setting off the accumulated losses of the Company against the Company’s securities premium account as on March 31, 2015.

- The Company transferred its retail business undertaking to Aditya Birla Retail Limited pursuant to a business transfer agreement dated May 12, 2015.

2017

- Temporary discontinuation of operations at the manufacturing facility engaged in the production of Single Super Phosphate located at Kapasan, Rajasthan.

2020

- Re-commencement of operations at the manufacturing facility engaged in the production of Single Super Phosphate located at Kapasan, Rajasthan.

2025

- The Allahabad Bench of the NCLT vide its order dated August 7, 2024 in CP (CAA)-14/ALD/2023 sanctioned the Scheme between the Amalgamating Companies, JIL and the Company and their respective shareholders and creditors under Sections 230-232 and other applicable provisions of the Companies Act which inter alia provided for the amalgamation of JIL into the Company.