Bhagiradha Chemicals and Industries Limited was incorporated on July 07, 1993. Promoted by Singavarapu Chandra Sekhar and Kudaravalli Rama Krishna, the Company has got its manufacturing facility in Ongole, Prakasam District of Andhra Pradesh and is engaged in manufacture of Crop Protection Chemicals.
The company set up a plant at Cheruvukommupalem, Andhra Pradesh, to manufacture 300 tpa of pesticides like technical grade chlorpyriphos. The project was financed through a public issue in 1996 and was commissoned in 1996.
The Company added sophisticated process instrumentation and balancing equipment for modernisation and capacity upgradation with additional term loan from ICICI Ltd. and financial assistance from TIFAC, Department of Science & Technology, Govt. of India.
In 1998-99, the Company completed Modernisation-cum-Capacity Expansion programme with the financial assistance from ICICI Ltd and the Technology Information Forecasting and Assessment Council, Department of Science and Technology, Government of India. The installed capacity of Chlorpyriphos Technical was increased to 1000 MT.
In 2002-2003 the Company commenced work on the new weedicide product namely triclopyr which is used to control of weeds in pastures, plantations and on vacant land.
The Company commenced production of triclopyr and exported the first consignment of 1.5 MT in 2004. In 2005, it established a commercial plant for the manufacture of fluroxypyr and triclopyr, the existing weedici ...des unit, which was registered as a 100% EOU effective Feb'07.
In 2014, the Company launched 2, 6-dichloroaniline as a herbicide and pharma intermediate; launched Penoxsulam herbicide intermediate in 2015; launched Diafenthiuron insecticide in 2016. It started supply of Azoxystrobin fungicide in the US market in 2017.
During 2018, production Block-III was commissioned on March 28, 2018.
The Company built a process line for Fipronil manufacturing and launched the commercial sale in April, 2020. It incorporated Bheema Fine Chemicals Private Limited as a wholly owned subsidiary company on July 22, 2020. The Company launched Pymetrozine in the domestic market in 2021. In 2022, it commercialized Dinotefuran Insecticide, Acequinocyl Insecticide.
In 2023-24, the manufacturing plant of the Company's wholly-owned subsidiary, Bheema Fine Chemicals Private Limited, commenced commercial production at Kadechur in Karnataka effective on March 27, 2024.
FAQs on Bhagiradha Chemicals & Industries Ltd
1. Can I buy Bhagiradha Chemicals & Industries Ltd from PL Capital? ›
Yes, you can invest in Bhagiradha Chemicals & Industries Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Bhagiradha Chemicals & Industries Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Bhagiradha Chemicals & Industries Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Bhagiradha Chemicals & Industries Ltd pay dividends? ›
Yes, Bhagiradha Chemicals & Industries Ltd has a consistent history of rewarding its shareholders through dividend payouts. Dividend frequency and amounts vary depending on the company’s financial performance and board approvals. Investors holding Bhagiradha Chemicals & Industries Ltd shares on the record date announced by the company are eligible to receive dividends directly into their bank accounts linked with their Demat holdings.
3. What is the current share price of Bhagiradha Chemicals & Industries Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Bhagiradha Chemicals & Industries Ltd. is ₹ 227.61 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Bhagiradha Chemicals & Industries Ltd ? ›
The 52-week high and low of Bhagiradha Chemicals & Industries Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
