4.93 0.03(0.61%)
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Nagarjuna Fertilizers & Chemicals Limited, was formerly incorporated as 'Kakinada Fertilizers Limited' on November 7, 2006. Kakinada Fertilizers Limited incorporated as a wholly owned subsidiary to the erstwhile Company (NFCL) in 2009-10 to manufacture, market fertilizers and allied agri inputs. Through a Composite Scheme of Arrangement and Amalgamation, KFL acquired the residual business of erstwhile NFCL and the business of Ikisan Limited effective from April 01, 2011. KFL changed its name to Nagarjuna Fertilizers and Chemicals Limited w.e.f August 19, 2011 as per the Scheme. The Company is principally engaged in the business of manufacturing and marketing of Fertilizer, Micro Irrigation Equipments. Following the approval of the Composite Scheme of Arrangement and Amalgamation between Kakinada Fertilizers Limited, Ikisan Limited, the Company and Nagarjuna Oil Refinery Limited, the 'Oil Business Undertaking' of Erstwhile Company was demerged into Nagarjuna Oil Refinery Limited and the residual Company along with Ikisan were merged into the Company and the Scheme became effective from July 30, 2011. The flagship company of the Nagarjuna Group, Nagarjuna Fertilizers and Chemicals Limited is a leading manufacturer and supplier of plant nutrients in India. The Company has th...