|
THE COMPANY
The Company was incorporated on December 8, 2005 pursuant to a joint venture agreement between KRIBHCO and Shyam Group to acquire the urea manufacturing
facilities at Shahjahanpur from Oswal Chemicals & Fertilizers Ltd. in the shareholding ratio of 60:40.
Thereafter, the shareholding ratio of KRIBHCO and Shyam group has been changed to 85:15 & 92.5:7.5 on 30/03/2009 & 30/11/2015 respectively.
On 13/04/2016, Shyam group has exercised its
exit option for remaining equity. Accordingly
w.e.f. 21/04/2016, the entire shareholding of
company being held by KRIBHCO
The
management control of the Company is with KRIBHCO, a cooperative society engaged in
manufacturing nitrogenous and bio-fertilizers
since 1980. KRIBHCO’s long and valuable
experience in fertilizer sector provides the
Company the advantage of their management
expertise and business know-how. The Company
leverages on the extensive marketing and
distribution network of KRIBHCO, under which our
products are marketed. The Company also has
access to
’, ‘
’
brand,
which is a well established and respected brand
amongst farmers and co-operative societies
across India. | |