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Aimco Pesticides Ltd

NSE: AIMCOPEST BSE: 524288

₹47.15

(-2.46%)

Thu, 19 Mar 2026, 06:41 am

Company History

1987

  • The Company was incorporated as a Public Limited Company on 12th August.
  • The Company's main objective was to set up a plant for the manufacture of Chlorpyriphos Technical with a capacity of 900 tpa.
  • The Company was promoted by Mr. P.P. Dave and Mr. J.P. Dave.
  • The Company had a 130 tpa plant for manufacture of Hydroquinone (HQN).
  • The Company executed turnkey jobs for setting up pesticide formulation units.
  • The Government of India's Ministry of Science and Technology endorsed the Aimco's R&D Centre at Lote Parshuram, Chiplun as a certified laboratory.

1992

  • APL entered into an agreement with Berol Nobel to act as exclusive representatives for marketing their range of emulsifiers in India.

1993

  • The Company made a public issue of 19,00,000 No. of Equity Shares of Rs.10/- each for cash at par, which was oversubscribed by 5.5 times.

1995

  • The Company issued 6,00,000 No. of Equity Shares on private placement basis to Institutional Investors.

1998

  • The company introduced two new formulations in the India Market: Chlorpyriphos 10% Granules and Chlorpyriphos 1.5% Dust.

1999

  • The Company introduced a new Insecticide and a new Herbicide developed by its Research & Development Centre.
  • The Company proposed to obtain ISO-14000 certification after obtaining ISO-9002 certification.

2000

  • The Company agreed to acquire up to 50% of the equity share capital of Hibiscus Het Pvt. Ltd.
  • The Company proposed to obtain ISO-14000 certification after obtaining ISO-9002 certification.
  • The Company introduced a new Insecticide and a new Herbicide developed by its Research & Development Centre.

2006

  • Mr. Mukesh D Patel was appointed as Chairman of the Company.

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