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कावेरी सीड कंपनी > कंपनी इतिहास > Miscellaneous > कंपनी इतिहास का कावेरी सीड कंपनी - बीएसई: 532899, NSE: KSCL

कावेरी सीड कंपनी

बीएसई: 532899  |  NSE: KSCL  |  ISIN: INE455I01029  |  Miscellaneous

कंपनी इतिहास - कावेरी सीड कंपनी
Mr. Gundavaram Venkata Bhaskar Rao, a graduate in agricultural 
 science, is one of the founder Promoters of our Company. He started 
 the business of seed production of Public bred varieties of corn,
 bajra,
 sunflower on his own lands in the village of Gatla Narsingapur,
 Karimgar
 District, Andhra Pradesh.
 
 Subsequently, on August 27, 1986, our Company, promoted by
 Mr. Gundavaram Venkata Bhaskar Rao, Mrs. Gundavaram Vanaja Devi &
 Mr. Rangineni Venu Manohar Rao, was incorporated as Kaveri Seed 
 Company Private Limited under theCompanies Act, having Registration 
 No. 6728 of 1986-87. We continued to carry on the business of seed
 production,
 processing, packing and marketing and simultaneously set up a 
 processing plant in Bellary in Karnataka. In 1987, our Company set
 up
 its marketing office at Davangere in Karnataka. In 1996, we set up
 an R & D facility at Bollaram to carry on esearch and to breed new
 hybrids.
 
 
 In 1997, our Company set up a Seed Processing Plant at Biramulguda 
 near Hyderabad. In the same year our Companyintroduced sunflower 
 hybrid seeds. In 1999, we increased our seed conditioning capacity to
 meet the
 growing demands by setting up a large scale processing plant at
 Kandlakoi 
 near Hyderabad. In the year 2002, our Promoters entered into
 acomplementary
 business of Bio-Products and Micro-Nutrients for which they set up a
 partnership 
 firm under the name and style of M/s. Kaveri Agriteck for
 manufacturing and 
 marketing bio-products and micro-nutrients under the brand
 'Microteck'. We have
 entered into a sub-licensing agreement with Mahyco Monsanto Biotech 
 (India) Limited for Bt.transgenic technology for cotton in the year
 2004.
 
 A new seed conditioning plant with Cob Dryers was set up at Gundla
 Pochampally
 near Hyderabad in 2005 and in Eluru in Andhra Pradesh in 2006. These
 cob drying 
 facilities help in processing corn cobs collected from production
 fields with high moisture 
 levels. These facilities gave us the advantage of obtaining seeds
 with optimum
 moisture level with prolongedshelf life and increased vigor. By the
 end of the FY 2006,
 our Company achieved a turn over of more than Rs. 4,800 lakhs.
 InSeptember 2006,
 the business, assets and liabilities of M/s. Kaveri Agriteck were
 acquired by our 
 company, giving us the ability of meeting farmers' needs of seeds as
 well as plant 
 nutrients (i.e. bio-products and micro-nutrients) under one
 roof.Currently we are into 
 production and marketing of agri-inputs (seeds of wide range of crops
 such as corn,
 sunflower, cotton,pearl millet, grain sorghum, paddy and hybrid
 vegetables, and also 
 micronutrients, bio products and organic products).
 
 
 On November 7, 2006, our Company was converted into a public limited
 company 
 and a fresh certificate of incorporation was issued by the RoC in the
 name of 
 Kaveri Seed Company Limited with CIN as U01120AP1986PLC006728.
 
 HISTORY AND MAJOR EVENTS:
 
 Year      Event
 
 986        Our Company was incorporated as a Private Limited Company
               Seed processing plant was set up in Bellary, Karnataka
 
 1987      First marketing office was set up in Davangere in
 Karnataka
 
 1996      Our Company set up its R & D facility in Biramulguda -
 Hyderabad
 
 1997       Setup seed a processing plant at Biramulguda
 
 1997-
 1999        We set up a state of the art seed conditioning plant at
 Kandlkoi and
                produced Sunflower Hybrid Seeds
 
 2004        We entered into a sub-licensing agreement with Mahyco 
                Monsanto Biotech (India) Limited for Bt. Gene
 Technology for Cotton
                Seeds in the year 2004 
 
 2005        We set up our seed conditioning plant with cob dryers at
 Gundla 
                  Pochampally and Eluru.
 
 2006          Acquired the business, assets and liabilities of M/s
 Kaveri Agriteck 
                  a partnership firm that isengaged in the business of
 plant nutrition 
                  (i.e. Bio-Products and Micro-Nutrients)
 
 2007         We entered into a non-exclusive licensing agreement with
 JK Agri 
                  Genetics Limited for using insect tolerant seed
 lines for producing, 
                  testing, marketing and selling genetically modified
 hybrid cotton 
                  planting seed in India.
 
 Changes in Registered Office of our Company
 
 Date                     Registered Address Changed From          
 Changed to
 
 October 6, 1988    3-4-526/6, Barkathpura, Lingampally,     
 6-3-597/D/9, Anandnagar, 
                               Hyderabad 500 027                      
           Hyderabad 500 004
 
 June 1, 1990         6-3-597/D/9, Anandnagar ,                    
 1-1-700/B/1, Gandhinagar, New
                               Hyderabad 500 004                      
            Bakaram, Hyderabad 500 380
  
 October 20, 1994  1-1-700/B/1, Gandhinagar, New             513B, 5th
 Floor, Minerva Complex,
                               Bakaram, Hyderabad 500 380             
    S.D. Road, Secunderabad 500 003
 
  
  2009
 
 -Kaveri Seed recommended a dividend of 20% (Rs 2/- per share of Rs
 10/- each) on the equity share capital of the Company
 
 2010
 
 -Kaveri Seed recommended a dividend of 20% (Rs. 2/- per share of Rs.
 10/- each) 
 
 2011
 
 -Kaveri Seed recommended a dividend of 25% (Rs. 2.50 per share of Rs.
 10/- each) on the equity share capital of the Company 
 
 2012
 
 -Kaveri Seed has recommended a dividend of 40% (Rs. 4/- per share of
 Rs. 10/- each) on the Equity Share Capital of the Company 
 
 2013
 -Kaveri Seed has recommended a dividend of 80% (Rs. 8/- per share of
 Rs. 10/- each) on the Equity Share Capital of the company.
 
 2014
 -Kaveri Seed has recommended a final dividend of Rs. 2.40/- per
 equity share of Rs. 2/- each (120%) on the Equity Share Capital of
 the Company.
 -Kaveri Seed Company has splits its face value from Rs 10/- to 2/-
 
 2016
 -Kaveri Seed rises on commencing operations at new facility located
 at Molangur Village, Shankarapatnam Mandal, Karimnagar District in
 the state of Telangana.
 
                                                
                                                  
स्रोत: रेलीगरे टेचनोवा

न्यूज़ फ़्लैश

  • MARKET CUES : FIIs ने कैश में `750 Cr की खरीदारी की
  • MARKET CUES : DIIs ने कैश में `703 Cr की बिकवाली की
  • MARKET CUES : FIIs ने F&O में `725 Cr की बिकवाली की
  • MARKET CUES : इंडेक्स फ्यूचर्स में `661 Cr की खरीदारी की
  • MARKET CUES : इंडेक्स ऑप्शंस में `861 Cr की बिकवाली की
  • MARKET CUES : स्टॉक फ्यूचर्स में `681 Cr की बिकवाली की
  • CS ON INFOSYS : Underperform रेटिंग, लक्ष्य बढ़ाकर `720/Sh
  • JEFFERIES ON INFOSYS : BUY रेटिंग, लक्ष्य घटाकर `915/Sh
  • CITI ON INFOSYS : BUY रेटिंग, लक्ष्य `900/Sh
  • UBS ON INFOSYS : Neutral रेटिंग, लक्ष्य `900/Sh

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