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Bayer CropScience Ltd

NSE: BAYERCROP BSE: 506285

₹4520.60

(-1.82%)

Thu, 12 Mar 2026, 08:11 am

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Company History

1958

  • Company incorporated.

1963

  • Name changed from Bayer Agrochem Pvt. Ltd. to Bayer (India) Ltd.

1964

  • Shares subdivided.
  • Allotted 1,46,160 shares to Farbenfabriken Bayer A.G. and 58,570 to directors.
  • Offered 56,270 shares to public at par.

1967

  • Issued 35,000 right shares at par, proportion 2:15.

1968

  • Issued 4,335 shares to foreign collaborators.

1972

  • Issued 60,000 bonus shares in proportion 1:5.

1975

  • Issued 32,250 right shares at premium Rs. 100, proportion 1:10.

1977

  • Issued 3,92,250 bonus shares in proportion 1:1.

1978

  • Issued 26,500 shares at premium Rs. 100; 9,000 to employees, 17,500 to UTI.

1986

  • Letter of Intent converted to industrial licence for 20 tonnes cypermethrin.

1987

  • Issued 8,11,000 bonus shares in proportion 1:1.

1988

  • Government clearance for methyl parathion 2% dust manufacture.
  • R&D developed new formulations of Bayer, Bayleton, Folithion, Bilfol, Rocomin.

1989

  • Bayleton fungicide, Bilfol 20 insecticide, Recumin rodenticide registered.

1992

  • Introduced Technicon automated chemistry and Haematology systems.

1993

  • Agrochemicals launched Sencor herbicide, Bayor fungicide, Bilchlor herbicide.
  • Diagnostic Division introduced Bayer Diagnostic technologies.
  • Chemicals division set up testing laboratory for dyes.

1994

  • Launched Bayrusil insecticide and Bilron weedicide.
  • Launched Baycort ointment, Autan repellent, Racumin rodenticide, Diphyl fluid.

1995

  • Launched Adalat Oros cardiovascular drug.
  • Launched Avtar mosquito repellent.
  • Set up plastic business group.
  • Launched Bilfen insecticide and Bayclip ciprofloxacin.
  • Launched Solfac for malaria control.

1997

  • Launched Kelthane acaricide, Goal weedicide, Karathane fungicide.
  • Baygon Knockout and coil test marketed.
  • Entered JV with Indian Syntans for leather chemicals.
  • Thane plant awarded safety award by TMA.

1998

  • Launched Glucobay oral anti-diabetic.
  • Launched Baygon Genius Liquid Vaporiser.
  • Leather chemicals JV to manufacture Bayer products.

1999

  • Amalgamation of Jagat Chemicals Ltd effective January 1.
  • Introduced Gaucho 70 WS and Confidor 200SL.
  • Spun off photographic and medical equipment into Agfa entity.

2000

  • Pharmaceutical business spun off into Bayer Pharmaceuticals subsidiary.
  • Bayer introduced Baygon Cockroach and Mosquito Specialist aerosols.
  • Wockhardt and Bayer AG signed marketing pact.

2002

  • Mr. Mehernosh Homi Kapadia appointed Compliance Officer.
  • Head Office shifted from Mumbai to Thane.
  • SEBI approved open offer for Aventis Cropscience at Rs. 157 per share.
  • Board approved sale of Household Insecticides business.

2003

  • Ministry approved conversion of Aventis to 100% subsidiary.
  • Board approved amalgamation of Bayer Cropscience India Ltd.
  • Mr. Stephen Gerlich appointed Director and MD.
  • Board approved 100% subsidiary for non-cropscience business transfer.
  • Mr. S. Gerlich designated Vice Chairman.
  • Mr. SM Kulkarni ceased as Director.
  • Mr. HV Goenka and Mr. DC Shroff ceased as Directors.
  • Company renamed Bayer CropScience Ltd.

2008

  • Mr. Kaikobad Mistry appointed Director effective July 1.

2009

  • Board recommended dividend of Rs. 2.80 per share.

2010

  • Board recommended dividend of Rs. 4 per share.

2012

  • Board recommended dividend of Rs. 4.2 per share.
  • Mr. Rajiv Wani appointed Company Secretary and Compliance Officer.

2013

  • Board recommended dividend of Rs. 5 per share.

2014

  • Bayer CropScience opened Weed Resistance Competence Center in Frankfurt.
  • Bayer HealthCare invested up to USD 25 million in Versant Venture Capital V.
  • Bayer acquired Dihon Pharmaceutical Group in China.
  • Bayer CropScience acquired European rights for Contans biofungicide.

2015

  • RVJ School of Agriculture held 13th Convocation.
  • 100 young leaders developed ideas on global food challenges.
  • Bayer CropScience Vegetable Seeds opened R&D facility in Karnal.
  • Bayer undertook CSR project for sanitation and hygiene.
  • Bayer MaterialScience won awards at Plasticon 2015.
  • Bayer MaterialScience participated at PlastIndia 2015.

2016

  • Bayer inaugurated Global Formulation Technology Lab at Vapi.
  • Company converted to public limited company on December 28.

2017

  • Bayer awarded prize to iBreastExam for health innovation.
  • Bayer launched A for Arize education campaign.
  • Bayer won Best Employer in India 2017 Award.
  • ICAR and Bayer partnered for cotton whitefly management.
  • Bayer launched hybrid chilli seed Indu in AP and Telangana.

2018

  • Bayer completed acquisition of Monsanto.

2021

  • UN FAO Director-General spoke at Bayer Youth Ag Summit.
  • Bayer and Microsoft entered strategic partnership for digital agriculture.

2022

  • Bayer signed MoU with ADM in India for nutrition.
  • Bayer relaunched Canesten antifungal brand in India.
  • Bayer FOGSI and IHW launched Preserve the Uterus campaign.
  • Bayer AG partnered with Asian University for Women for education in Asia.

2023

  • Bayer partnered with WayCool for smallholder farmers.
  • Bayer and Mina Guli partnered for Run Blue water conservation initiative.
  • Bayer, Rabo Partnerships, and Mastercard aimed to digitize finances for 10 million smallholder farmers.

2024

  • Bayer and Samunnati collaborated to enhance farmer productivity.
  • Bayer, GenZero, Shell, and Mitsubishi launched The Good Rice Alliance for rice farmers.
  • Bayer introduced Bepanthen in India.
  • Bayer launched ForwardFarm in India for regenerative agriculture.
  • Bayer launched Better School Program with BharatCares for STEM in rural schools.

2025

  • Bayer launched Felujit for Sheath Blight control in Paddy cultivation.
  • Bayer launched CAMALUS, a pest spectrum insecticide for sustainable pest management.
  • Bayer partnered with Safe Water Network India for 20 iJal Stations in Karnataka.
  • Bayer expanded indication of Kerendia in India for heart failure.

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