28 Feb, EOD - Indian

SENSEX 73198.1 (-1.90)

Nifty 50 22124.7 (-1.86)

Nifty Bank 48344.7 (-0.82)

Nifty IT 37318.3 (-4.18)

Nifty Midcap 100 47915.2 (-2.49)

Nifty Next 50 57063.05 (-2.90)

Nifty Pharma 19813.5 (-1.92)

Nifty Smallcap 100 14700.2 (-3.01)

28 Feb, EOD - Global

NIKKEI 225 37155.5 (-2.88)

HANG SENG 22941.32 (-3.28)

S&P 5883.8 (0.29)

LOGIN HERE

flagBhagiradha Chemicals & Industries Ltd

You are Here : Home > Markets > CompanyInformation > Company Background
BSE Code : 531719 | NSE Symbol : BHAGCHEM | ISIN : INE414D01027 | Industry : Agro Chemicals |


Company History

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 weedicides 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.

Capital Market Publishers India Pvt. Ltd

401, Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400 071, India.

Formed in 1986, Capital Market Publishers India Pvt Ltd pioneered corporate databases and stock market magazine in India. Today Capitaline corporate database cover more than 35,000 listed and unlisted Indian companies. Latest technologies and standards are constantly being adopted to keep the database user-friendly, comprehensive and up-to-date.

Over the years the scope of the databases has enlarged to cover economy, sectors, mutual funds, commodities and news. Many innovative online and offline applications of these databases have been developed to meet various common as well as customized requirements.

While all the leading institutional investors use Capitaline databases, Capital Market magazine gives access to the databases to individual investors through Corporate Scoreboard. Besides stock market and company-related articles, the magazine’s independent and insightful coverage includes mutual funds, taxation, commodities and personal finance.

The power of the database is harnessed by our fired-up reporters to generate interesting ideas. The reader-friendly presentation of the idea, supplemented by relevant data and information, can be accessed online through Capita Telefolio and Telefolio Gold. These ideas are used by individual investors as well as institutional investors to do further research and stay ahead.

Copyright @ Capital Market Publishers India Pvt.Ltd

Designed, Developed and maintained by CMOTS Infotech (ISO 9001:2015 Certified)

Site best viewed in Internet Explorer Edge ,   Google Chrome 115.0.5790.111 + ,   Mozilla Firefox 115.0.3 + ,   Opera 30.0+, Safari 16.4.1 +