Sumitomo Chemical India Limited (SCIL) was incorporated originally on 15 February 2000 and converted from Private Limited to Public Limited w.e.f. 24th November 2018. SCIL is a subsidiary of Sumitomo Chemical Company Limited, Japan (SCCL). The Company is engaged in manufacturing of household insecticides, agricultural pesticides, public health insecticides and animal nutrition products.
Excel Crop Care Limited, a subsidiary of Sumitomo Chemical Company, Limited, Japan, the Company's Holding Company was amalgamated with the Company on April 1, 2018 and the Scheme of Amalgamation was made effective on 31 August, 2019. In terms of the said Scheme, entire business and the undertaking of Excel Crop Care Limited was transferred in the Company effective April 1, 2018. Accordingly, the Company has issued and allotted its 224,557,641 shares of Rs. 10 each as fully paid up to the other shareholders of Excel Crop Care Limited. As a result of implementation of the Scheme of Amalgamation, Excel Crop Care (Africa) Limited, Tanzania and Excel Crop Care (Europe) NV, Belgium, the subsidiaries of Excel Crop Care Limited became the Company's subsidiaries.
In 2022, Company expanded manufacturing capacity for one of its technical grade products. It completed feasibility study for introducing three new technical grade products and take initiatives for introducing new technical grade products and expanding production capacity.
During the year 2022-23, the Company commissioned additional 1 ....8 MW solar power plant for captive consumption.
During the year 2023-24, the Company introduced breakthrough technology for oomycetes disease control -Derechor which is a proprietary active ingredient of the parent company and an innovative advance liquid formulation of Copper.
On 15 December 2023, the Company acquired 85% equity shares and controlling stake in Barrix Agro Sciences Private Limited, making it a subsidiary of the Company.
FAQs on Sumitomo Chemical India Ltd
1. Can I buy Sumitomo Chemical India Ltd from PL Capital? ›
Yes, you can invest in Sumitomo Chemical India Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Sumitomo Chemical India 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 Sumitomo Chemical India Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Sumitomo Chemical India Ltd pay dividends? ›
Yes, Sumitomo Chemical India 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 Sumitomo Chemical India 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 Sumitomo Chemical India Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Sumitomo Chemical India Ltd. is ₹ 410.35 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Sumitomo Chemical India Ltd ? ›
The 52-week high and low of Sumitomo Chemical India Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
