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Coromandel International Ltd
Coromandel International Ltd Company History
Coromandel International is engaged in the business of farm inputs comprising fertiliser, crop protection, specialty nutrients and organic compost.
2002
Acquires 207500 shares of M/s Godavari Fertilizers & Chemicals Ltd amounting to 0.648% of the total paid up capital
2002
2003
Board approves for the scheme of demerging EID's Farm Inputs Division into the company.
Ploughs back its profits to restructure its plant.
GFCL receives a bid price of Rs. 124 per share from the company.
Acquires 25.88% equity shares of Godavari Fertilizers and Chemicals Ltd.
Makes an open offer for the shares of GFCL for about 20% of the equity shares of Rs.124.
Shareholders approve for the investment in one or more tranches up to a limit of 14680000 equity shares of Rs.10/.
Finalises the shareholders agreement with IFFCO, to ease the takeover of the entire operations of GFCL.
Signs MoU with FOSKAR of South Africa for the supply of raw-material and also for transferring of 5% shares of GFCL.
Installs a ship unloader costing Rs.20cr at its captive berth in the port.
Acquires 47,82,249 shares amounting to 14.94% of the total paid up capital of the Godavari Fertilisers & Chemicals Ltd. GFCL legally becomes the subsidiary of the company.
CFL has informed that Company on December 11,2003 has entered into an agreement with Fosker Limited of South Africa for transfer of 16,00,000 Equity Shares (5% of the equity capital of Godavari Fertilisers and Chemicals Ltd.)held by CFL at a Price of Rs.124/- Per Share.
2003
2004
Coromandel Fertilizers sells 5% stake in Godavari Fertilizers
Coromandel Fert inks agreement with union
2004
2005
Coromandel Fertilisers enters into MoU with Groupe Chimique Tunisien for setting up JV project in Tunisia to manufacture phosphoric acid
Coromandel Fertilisers enters into BAA & SSA with Foskor, South Africa
Coromandel Fert, GSFC signs agreement with Tunisian co
2005
2006
Coromandel inks share purchase agreement with Ficom
Coromandel to acquire stake in FICOM
Company has splits its Face value of Shares from Rs 10 to Rs 2
2006
2009
Coromandel Fertilisers Ltd has appointed Mr. Ramesh Savoor as an Additional Director on the Board of the Company effective from March 18, 2009.
Company has changed its name from Coromandel Fertilisers Ltd. to Coromandel International Ltd.
2009
2010
Coromandel has entered into a Share Purchase Agreement with the promoters of Pasura Biotech Pvt Ltd. to acquire 100% shareholding in Pasura.
The Company has entered into a Licence Agreement with Shell Research Ltd. for Shell Thiogro technology to manufacture Sulphur Enhanced Fertilisers (SEF).
Mr. Kapil Mehan has jointed the Company as Chief Executive Officer (CEO).
Company has splits its Face value of Shares from Rs 2 to Re 1
2010
2011
Acquisition of 42.22 % of equity shares of M/s Sabero Organics Gujarat Ltd.
Coromandel International Limited. has signed an agreement with Qatar Fertiliser Company (QAFCO) for supply of Urea.
Coromandel to support 160 rural girl students in Nalgonda district under its pioneering CSR project.
Coromandel International Limited Declares 400% Interim Dividend.
2011
2012
Coromandel International Ltd. has recommended a Final Dividend of Rs. 3/- per share (300% on face value of Rs. 1/- per share).
2012
2013
Coromandel International acquires "Liberty Phosphate Group".
Coromandel International Ltd has received the prestigious and internationally recognized "Golden Peacock National Training Award" in the category of "Employer".
World CSR Congress presents 3 CSR Awards to Coromandel International Ltd.
Coromandel International Ltd IndiaÂs leading manufacturer of a wide range of fertilizers, Crop protection products and Specialty Nutrients, has been awarded the "Best Management Award-2013" by the government of Andhra Pradesh.
A phosphoric acid Plant of ÂTunisian Indian Fertilisers (TIFERT), a joint venture (JV) company between IndiaÂs leading fertilizer manufacturer - Coromandel International Ltd and Gujarat State Fertilisers and Chemicals Ltd (GSFC) and Tunisia's Groupe Chimique Tunisien (GCT) and Compagnie Des Phosphat De Gafsa (CPG), (both are Government of Tunisia entities), has been inaugurated.
2013
2014
Coromandel International Ltd has informed that the High Court of Andhra Pradesh has approved the Scheme of Amalgamation of Liberty Phosphate Ltd and Liberty Urvarak Ltd.
Coromandel International Ltd (Coromandel) and Sabero Organics Gujarat Limited (Sabero) have approved a Scheme of Amalgamation for merger of Sabero with Coromandel.
"Coromandel Enters JV for Farm Machinery Manufacturing".
2014
2017
Coromandel gets green nod for Rs 225 cr expansion plan in Andhra.
"Coromandel International to acquire Bio-Pesticides business of E.I.D. Parry".
2017
2018
Coromandel International Ltd received Best Management Award from Labour Department, Govt of AI for Kakinada & Vishakhapatnam units.
2018
2021
Coromandel Intl announces new sulphuric acid plant at Visakhapatnam.
2021
2022
Coromandel International strengthens its portfolio in crop protection by launching 5 new products.
Coromandel to acquire 45% equity stake in senegal hearquartered BMCC for INR 225-CR.
Coromandel reiterates commitment to Technology-led Agriculture continues to invest in the AG Tech companies.
2022
2023
Coromandel Unveils Nanotechnology Center at Coimbatore.
CoromandelÂs drive towards Atmanirbhar Bharat Commissions state-of-the-art Sulphuric Acid Plant & Desalination Plant at Visakhapatnam
2023