Bhagiradha Chemicals & Industries Ltd Share Price

Bhagiradha Chemicals and Industries Limited was incorporated on July 7, 1993. Company has got its manufacturing facility in Ongole, Prakasam District of Andhra Pradesh and presently manufactures Crop Protection Chemicals. The company set up a plant at Cheruvukommupalem, Andhra Pradesh, to manufacture 300 tons per annum of pesticides like technical grade chlorpyriphos. The project was financed through a public issue in 1996 and commissioned 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. Company launched a new product as Trifloxystrobin in FY25. Multi process facility under Phase I of the project has been commissioned in 2026.