4,190.20 -60.70(-1.43%)
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PI Industries Limited was founded and incorporated by the name 'Mewar Oil & General Mills Limited' on 31st December, 1946. The name of the Company was subsequently changed to PI Industries Limited in 2000. PI Industries is an agri-sciences company with strong presence in both domestic and export market. The Company has 3 manufacturing facilities in Gujarat and a Research & Development centre at Udaipur. The manufacturing facilities include 5 multi-purpose plants at Panoli and, 3 multi-purpose plants at Jambusar and dedicated high-pressure reaction facilities equipped with futuristic is automation. In addition, the Company's two formulation units at Panoli help it meet requirements of local as well as global clientele. During the period 1947-1980, the Company established marketing network across India, installed Agchem technical plant, diversified into mining and mineral processing business (later hived off into a separate company named as Wolkem India Ltd) and started AgChem Formulation and Marketing under VEGFRU brand. It made first export of Agchem formulation during the period under review. During the period 1999-2000, the company diversified into Polymer Compounding, Custom Synthesis & Manufacturing and Energy Metering (later rechristened as Secure Meters Ltd). During...