879.50 -26.80(-2.96%)
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Astec LifeSciences Limited was initially incorporated on January 25, 1994 as a private limited Company as 'Urshila Traders Private Limited'. The Company was originally promoted by Reena Bagai and Avita Fernandes. Their shareholding was purchased by Ashok Hiremath and Pratap Garud on February 11, 1994. On August 19, 1994, the name of the Company was changed from Urshila Traders Private Limited to Astec Chemicals Private Limited. In March 2006, the name was changed from Astec Chemicals Private Limited to Astec LifeSciences Private Limited. In April 2006, the company was converted into public limited Company and the name was changed to Astec LifeSciences Limited.Astec LifeSciences is a producer of agrochemicals and pharmaceutical intermediates. The Company manufactures a wide range of Agrochemical active ingredients and pharmaceutical intermediates. They are having manufacturing facilities located at two locations in Maharashtra, India comprising of three units viz. one unit at Dombivli, Maharashtra and two units at Mahad, Maharashtra (Unit 1 and Unit 2). They are exporting their products to East Asia, Europe, Middle East, and USA. Godrej Agrovet Limited, the Holding Company has maintained its shareholding of 64.75% equity stake in the Company as on 31st March, 2025.The busi...