Nova Agritech Ltd. Company History and Annual Growth Details

Our Company was incorporated as a private limited company under the provisions of the Companies Act, 1956 on May 9, 2007 at Hyderabad, erstwhile Andhra Pradesh as “Nova Agritech Private Limited”. Our business was started by our founder Sambasivarao Yeluri and Kalyana Chakravarthy. Thereafter, pursuant to a special resolution passed by our shareholders on September 8, 2018, our Company was converted to a public limited company and our name was changed to “Nova Agritech Limited”. A fresh certificate of incorporation consequent to change of name was issued by the Registrar of Companies, Hyderabad (“RoC”) on September 24, 2018.

Major events and milestones:
2011
-Inception of Nova Raithu Seva Kendram

2012
-Expanded our business by appointing C&F agents in the states of Madhya Pradesh and Chhattisgarh.

2013
-Expanded our business to the state Maharashtra
-Acquired a land for setting up new Manufacturing Facility at Singannaguda Village, Mulugu Mandal, Siddipet, Medak, Telangana.

2014
-Crossed turnover of Rs. 5000.00 lakhs in the financial year 2013-14.
-Expanded our business by appointing C&F agents in the State of Rajasthan.

2017
-Introduced 100% water soluble nitrogen (N), phosphorus (P) and potassium (K) [NPK] mixture fertilizers on "Nova Nutri" series to market.

2018
-Crossed turnover of 10000.00 Lakhs in the financial year 2017-18
-Changed the status of our Company from Private Limited to Public i.e. to Nova Agritech Limited.

2019
-Inception of Nova Kisan Seva Kendra

2020
-Introduced beneficial element fertilizers "V-Lock " in the market.

2021
-Crossed turnover of 15000.00 Lakhs in the financial year 2020-21

2022

-Introduced fertilizer and pesticide spraying drones "Nova Agribot" and soil health scanning device "Bhu-Parikshak" to market.
-Introduced beneficial element fertilizers "HY-Clean" in the market.
-Ten (10) acres of land allotted by Karnataka Industrial Areas Development Board (KIADB) for manufacture of “Agro Chemical, Pesticides, Bio Stimulants, Micro Nutrients, Water Solubles” in the State of Karnataka.
-Expanded our business by appointing C&F agents in the States of Gujrat, Jammu & Kashmir, Tamil Nadu, Uttarakhand, Uttar Pradesh and West Bengal.