Bayer CropScience Ltd Share Price

Summary

Bayer CropScience Limited (Formerly known as Bayer (India) Limited) was incorporated in 1958, which subsequently was changed to Bayer CropScience Limited w.e.f. February 24, 2004. The Company is a key player in the Indian agriculture industry. The Companys operations include four key business areas: Crop Protection, Seeds & Traits and Digital Farming. At present, it is engaged in Agri Care business which primarily includes manufacture, sale and distribution of insecticides, fungicides, herbicide and various other agrochemical products and corn seeds. Apart from this, it is also involved in sale and distribution of hybrid seeds. It has own manufacturing site for agrochemical production at Himatnagar and Silvassa, drying and processing station at Hyderabad and breeding stations at Bengaluru and Udaipur. Out of thetotal paid-up share capital of the Company, 71.43% is held by its promoters. The ultimate parent company is Bayer AG, Germany.The company is the Indian subsidiary of Bayer Germany which is a diversified international chemical and healthcare company. They diversified into inorganic-chemistry-related fields like hard metals, engineering ceramics, etc, after acquiring Hermann C Starck of Berlin, Germany. The company was converted into public limited company on December 28, 1996.In 1993, the company entered into a strategic alliance with Herdillia Chemicals to manufacture diphyl heat transfer medium. During 1998-99, Jagat Chemicals, a 100% subsidiary was amalgamated with t
Read More