Indrayani Biotech Ltd Share Price

7.96

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Managing Director Kasiraman Sayee Sundar
Chairman N M Ranganathan
Independent Director K S Vaidyanathan
Non Executive Director Lakshmi Prabha
Company Secretary Sivaraman

Indrayani Biotech came out with a public issue in 1994 to part-finance its project to produce cut flowers, strawberries, tissue culture plantlets and hybrid vegetable seeds. The company also markets and distributes hybrid vegetable seeds manufactured by Hoechst India. It plans to produce these seeds for Hoechst in due course of time.Technical agreements have been signed with Floral Max, Malaysia; for rose cultivation; and with B L McKenzie and Associates, New Zealand, for tissue culture. The planting material for strawberries has been acquired from the US. The company has signed a test agreement with the Technology Transfer Offer of the University of California to obtain certified planting material from nurseries in California. IBL started exporting flowers to Holland and Dubai during 1994-95. Restricted water supply and changes in ecology resulted in a shortfall in achieving its goals.In 1995-96, the company incurred losses due to reasons beyond the control of the management like insufficient water supply, labour problem and sub-standard infrastructure. To overcome the above problems, the company is considering to shift its green houses to alternate locations.

REGISTERED OFFICE

1133/5 F C Road,
Opp Police Grounds,Pune,
Maharashtra-411016

Tell. : +91-20-25662021
Website : http://www.indrayani.com
Email : info@indrayani.com

REGISTRAR OFFICE

BNo 202 Akshay Compl,
Near Ganesh Mandir,Pune-411001
INDIA

Tell. : +91-20-26051629
Website : www.linkintime.co.in
Email : pune@linkintime.co.in